> ## Documentation Index > Fetch the complete documentation index at: https://docs.guito.pt/llms.txt > Use this file to discover all available pages before exploring further. # How transfers work > Why transfers between your own accounts are not counted as income or expense. When you move money between two of your own accounts, withdraw cash from an ATM, or pay back a friend, your net worth does not change: the money is still yours, it just moved. That is why guito treats these movements as transfers and does not count them as income or expense. This page explains how we recognize a transfer and why these movements stay out of your totals. You don't need to know any of this to use guito. This is for anyone who wants to understand why some movements don't enter the income and expense sums. For the steps to link a transfer or exclude a movement from cash flow, see [Transactions](/en/features/transactions). ## What a transfer is A transfer is a movement where the other side is you: another of your own accounts (whether or not it is in guito), your own cash wallet, one of your own investments, or one of your own credits. The rail used (SEPA transfer, MB WAY, instant transfer, ATM) does not matter. What matters is whose money is on the other side. Counting these as an expense would inflate your spending when it was really just money moving between accounts. That is why guito groups them under a neutral category, **Transfers**, so they stand apart from your purchases. When both legs of a transfer between your own accounts are in guito, it links them and keeps both out of your income and expense totals. You can also exclude any single movement from cash flow yourself. Payments to named companies (entities with legal suffixes like UNIPESSOAL, LDA, SA, LTD) are never treated as transfers. They are real expenses. ## What guito classifies as a transfer * Person-to-person payments (MB WAY, Revolut Pay) to and from individuals: these could be a reimbursement, a gift, or a loan repayment, so they stay neutral. * ATM withdrawals: the money is still in your wallet, it just changed form. * Deposits and withdrawals from your brokerage: this is cash moving in and out of your investment wallet, not an investment itself. Transfers with a clear commercial purpose in the description (for example "RENT PAYMENT", "INVOICE") are not treated as transfers. They keep the appropriate expense category. ## How we recognize a pair When both legs of a transfer are in guito, it tries to link them into a pair. After each sync, guito looks for two of your movements, in different accounts, with the same amount in the same currency and opposing signs, close together in time. A value mirror alone is not enough. guito only links a pair automatically when it is confident the two movements belong together, so it never mistakenly joins two same-amount payments between different people. When it cannot be sure, it leaves them unlinked rather than guess. You can always link two movements as an internal transfer yourself, from the movement's details. When the other leg does not exist as a movement (for example, cash you withdrew into your wallet), you can pick which of your accounts the money went to, in the destination-account field of the details: guito creates the other half in that account and links the pair. Only your manual accounts in the same currency are offered. Linked pairs, automatic or manual, are kept out of your income and expense totals. A movement in a foreign currency, or one whose counterpart is not in guito, will not pair automatically, so link it or exclude it from cash flow yourself when needed. ## Edge cases Without the other leg in guito, guito cannot link a pair automatically. The movement still appears under the Transfers category so you can recognize it. To keep it out of your income and expense totals, exclude it from cash flow in the movement's details, or add the other account as a manual account in guito and pick it as the destination account in the movement's details. These are classified as a transfer by default, because the wallet is an account of yours that is not being tracked. If you want to track physical cash, add a manual wallet account and, in the withdrawal's details, pick that wallet as the destination account: guito creates the matching entry in the wallet and links the two legs. When you buy or sell an instrument, money moves between your cash account and the investment. In the transactions list, guito shows this flow from origin to destination, just as it does for internal transfers, because it is a reallocation between two balances you own. Dividends are not included here: they are income from the company, not a transfer between your own accounts, so they keep their normal income display. ## Related pages Link a transfer, exclude a movement from cash flow, and adjust categories. How guito computes income and expenses, and what stays out of the totals.