How do I complete transfers to and from bank accounts not linked in Wave?
I have a concern regarding completing transfers to and and from accounts that are not, and cannot be linked to my Wave account. I periodically transfer funds from one of my bank accounts to someone else's account. However, in Wave, due to the fact that such an external bank account does not belong to me, and therefore cannot be linked to my Wave account, I cannot complete either end of these transactions in the Transactions tab, whether depositing money into or receiving money from the account. As a result, the transaction is left either as an "Uncategorized Expense" or "Uncategorized Income".
Even if I make a journal transaction manually and create a new account in my Chart of Accounts to represent the destination bank account, Wave can only interpret this as anything but a transfer. It only recognizes that created account as some sort of income or expense account. My only concern is to complete either end of the transfer transaction.
How can I let Wave know how to recognize an external account in this situation if it can't be connected or linked? From what I understand, I can only link a bank account if it belongs to me. Any clarification would be much appreciated.