diff --git a/postgres/accounts.sql.go b/postgres/accounts.sql.go
index 4d15658..20d30df 100644
--- a/postgres/accounts.sql.go
+++ b/postgres/accounts.sql.go
@@ -130,7 +130,7 @@ func (q *Queries) GetAccountsWithBalance(ctx context.Context, budgetID uuid.UUID
 }
 
 const searchAccounts = `-- name: SearchAccounts :many
-SELECT accounts.id, accounts.budget_id, accounts.name FROM accounts
+SELECT accounts.id, accounts.budget_id, accounts.name, true as is_account FROM accounts
 WHERE accounts.budget_id = $1
 AND accounts.name LIKE $2
 ORDER BY accounts.name
@@ -142,9 +142,10 @@ type SearchAccountsParams struct {
 }
 
 type SearchAccountsRow struct {
-	ID       uuid.UUID
-	BudgetID uuid.UUID
-	Name     string
+	ID        uuid.UUID
+	BudgetID  uuid.UUID
+	Name      string
+	IsAccount bool
 }
 
 func (q *Queries) SearchAccounts(ctx context.Context, arg SearchAccountsParams) ([]SearchAccountsRow, error) {
@@ -156,7 +157,12 @@ func (q *Queries) SearchAccounts(ctx context.Context, arg SearchAccountsParams)
 	var items []SearchAccountsRow
 	for rows.Next() {
 		var i SearchAccountsRow
-		if err := rows.Scan(&i.ID, &i.BudgetID, &i.Name); err != nil {
+		if err := rows.Scan(
+			&i.ID,
+			&i.BudgetID,
+			&i.Name,
+			&i.IsAccount,
+		); err != nil {
 			return nil, err
 		}
 		items = append(items, i)
diff --git a/postgres/numeric/numeric.go b/postgres/numeric/numeric.go
index cf1ff73..753feff 100644
--- a/postgres/numeric/numeric.go
+++ b/postgres/numeric/numeric.go
@@ -83,6 +83,10 @@ func (n Numeric) Sub(other Numeric) Numeric {
 	panic("Cannot subtract with different exponents")
 }
 
+func (n Numeric) Neg() Numeric {
+	return Numeric{pgtype.Numeric{Exp: n.Exp, Int: big.NewInt(-1 * n.Int.Int64()), Status: n.Status}}
+}
+
 func (n Numeric) Add(other Numeric) Numeric {
 	left := n
 	right := other
diff --git a/postgres/queries/accounts.sql b/postgres/queries/accounts.sql
index a7b969e..62173d9 100644
--- a/postgres/queries/accounts.sql
+++ b/postgres/queries/accounts.sql
@@ -22,7 +22,7 @@ GROUP BY accounts.id, accounts.name
 ORDER BY accounts.name;
 
 -- name: SearchAccounts :many
-SELECT accounts.id, accounts.budget_id, accounts.name FROM accounts
+SELECT accounts.id, accounts.budget_id, accounts.name, true as is_account FROM accounts
 WHERE accounts.budget_id = @budget_id
 AND accounts.name LIKE @search
 ORDER BY accounts.name;
\ No newline at end of file
diff --git a/server/transaction.go b/server/transaction.go
index d3cad1b..4f91c06 100644
--- a/server/transaction.go
+++ b/server/transaction.go
@@ -1,6 +1,7 @@
 package server
 
 import (
+	"context"
 	"fmt"
 	"net/http"
 	"time"
@@ -14,8 +15,9 @@ import (
 type NewTransactionPayload struct {
 	Date  JSONDate `json:"date"`
 	Payee struct {
-		ID   uuid.NullUUID
-		Name string
+		ID        uuid.NullUUID
+		Name      string
+		IsAccount bool
 	} `json:"payee"`
 	Category struct {
 		ID   uuid.NullUUID
@@ -36,39 +38,40 @@ func (h *Handler) newTransaction(c *gin.Context) {
 		return
 	}
 
-	amount := numeric.Numeric{}
-	err = amount.Set(payload.Amount)
+	amount, err := numeric.Parse(payload.Amount)
 	if err != nil {
 		c.AbortWithError(http.StatusBadRequest, fmt.Errorf("amount: %w", err))
 		return
 	}
 
-	payeeID := payload.Payee.ID
-	if !payeeID.Valid && payload.Payee.Name != "" {
-		newPayee := postgres.CreatePayeeParams{
-			Name:     payload.Payee.Name,
-			BudgetID: payload.BudgetID,
+	newTransaction := postgres.CreateTransactionParams{
+		Memo:   payload.Memo,
+		Date:   time.Time(payload.Date),
+		Amount: amount,
+		Status: postgres.TransactionStatus(payload.State),
+	}
+
+	if payload.Payee.IsAccount {
+		newTransaction.GroupID = uuid.NullUUID{UUID: uuid.New(), Valid: true}
+		newTransaction.Amount = amount.Neg()
+		newTransaction.AccountID = payload.Payee.ID.UUID
+		newTransaction.CategoryID = uuid.NullUUID{}
+
+		_, err = h.Service.CreateTransaction(c.Request.Context(), newTransaction)
+		if err != nil {
+			c.AbortWithError(http.StatusInternalServerError, fmt.Errorf("create transfer transaction: %w", err))
+			return
 		}
-		payee, err := h.Service.CreatePayee(c.Request.Context(), newPayee)
+	} else {
+		payeeID, err := GetPayeeID(c.Request.Context(), payload, h)
 		if err != nil {
 			c.AbortWithError(http.StatusInternalServerError, fmt.Errorf("create payee: %w", err))
 		}
-
-		payeeID = uuid.NullUUID{
-			UUID:  payee.ID,
-			Valid: true,
-		}
+		newTransaction.PayeeID = payeeID
 	}
 
-	newTransaction := postgres.CreateTransactionParams{
-		Memo:       payload.Memo,
-		Date:       time.Time(payload.Date),
-		Amount:     amount,
-		AccountID:  payload.AccountID,
-		PayeeID:    payeeID,
-		CategoryID: payload.Category.ID,
-		Status:     postgres.TransactionStatus(payload.State),
-	}
+	newTransaction.CategoryID = payload.Category.ID
+	newTransaction.AccountID = payload.AccountID
 	transaction, err := h.Service.CreateTransaction(c.Request.Context(), newTransaction)
 	if err != nil {
 		c.AbortWithError(http.StatusInternalServerError, fmt.Errorf("create transaction: %w", err))
@@ -77,3 +80,25 @@ func (h *Handler) newTransaction(c *gin.Context) {
 
 	c.JSON(http.StatusOK, transaction)
 }
+
+func GetPayeeID(context context.Context, payload NewTransactionPayload, h *Handler) (uuid.NullUUID, error) {
+	payeeID := payload.Payee.ID
+	if payeeID.Valid {
+		return payeeID, nil
+	}
+
+	if payload.Payee.Name == "" {
+		return uuid.NullUUID{}, nil
+	}
+
+	newPayee := postgres.CreatePayeeParams{
+		Name:     payload.Payee.Name,
+		BudgetID: payload.BudgetID,
+	}
+	payee, err := h.Service.CreatePayee(context, newPayee)
+	if err != nil {
+		return uuid.NullUUID{}, fmt.Errorf("create payee: %w", err)
+	}
+
+	return uuid.NullUUID{UUID: payee.ID, Valid: true}, nil
+}