I have a credit card debt of 2100. I am getting a bank loan to consolidate this debt with other envelope needs. I cannot figure how to enter these two accounts so that I can transfer or pay money from the bank loan to the credit card. In effect, giving me a CC balance of zero, and showing part of the bank loan applied to the credit card balance
I think in this case I would first set up a new debt repayment envelope for the loan, and then add the amount you received to the account from which you pay bills as “new income”. That settles the loan and the cash flow question. Then you can make a payment to your credit card by doing an account transfer from the newly-filled payment account to the credit card account for the full amount.
I hope that helps!