Transfers between your own accounts are a completely normal part of managing money — paying your credit card from your offset, topping up a loan, or moving funds between accounts. But if these movements were counted as spending or income, your whole cashflow picture would be wrong.
That’s why Transaction Feed includes a powerful Internal Transfers engine to detect and match these movements automatically.
Below, Alric walks through exactly how it works, how Moorr decides what’s a transfer, and what to do when something needs your input.
Why Internal Transfers Matter
Every internal transfer creates two transactions:
- one leaving a bank or offset account, and
- one arriving in another account like a loan or credit card.
Without proper matching, Moorr might treat these as expenses or income, which would distort your surplus, insights, and MyFINANCIAL reporting. Transaction Feed prevents this by pairing both sides of the transfer and removing them from your spending data.
How Moorr Automatically Detects Transfers
When Moorr spots a transaction that looks like a repayment or movement between your accounts, it flags it as:
“Awaiting Match”
This means Moorr has recognised one side of the transfer and is waiting for the corresponding transaction from the other account.
Example:
- $950 leaving your offset account
- $950 appearing in your loan
Once both are uploaded (even if the dates differ slightly), Moorr will highlight a match and let you confirm it.
Matching Transfers Once the Second Side Appears
When the corresponding transaction is uploaded (e.g., via another CSV), Transaction Feed:
- Finds the matching amount
- Flags it in green
- Allows you to confirm it instantly
This ensures internal movements aren’t treated as spending or income, keeping your cashflow clean.
If a Transfer Isn’t Detected Automatically
Not all banks use clear descriptions. So if Moorr doesn’t automatically recognise something as a transfer, you can fix it with one click.
Option 1: Mark it as an internal transfer manually
Use the Allocate button to tell Moorr:
“This is an internal transfer — wait for the matching transaction.”
Moorr then reclassifies it correctly.
Option 2: Update the Internal Transfer Automation Rule
Transaction Feed includes a System Rule for internal transfers. You can:
- add keywords,
- include specific bank phrasing,
- or tailor detection based on your banking behaviour.
For example, if your bank always uses the wording
“Payment by authority to Westpac Banking Corp Direct”
you can add that phrase to the rule so Moorr always identifies it correctly in future.
This makes transfers smarter, faster, and more accurate over time.
Why Matching Matters for Cashflow Accuracy
Matched internal transfers:
✔ Don’t inflate spending
✔ Don’t appear as income
✔ Keep your surplus accurate
✔ Maintain clean insights
✔ Prevent double-counting
✔ Improve automation for all future uploads
Transaction Feed ensures your money picture reflects real behaviour, not just movement between your own accounts.
If you haven’t explored Transactions yet, jump in and try it now:
👉 https://www.moorr.com.au/transaction-feeds/
Or create your Free Moorr Account to get started!
