diff --git a/app/Rules/Actions/SetDestinationAccount.php b/app/Rules/Actions/SetDestinationAccount.php
new file mode 100644
index 0000000000..4f6b4d28d5
--- /dev/null
+++ b/app/Rules/Actions/SetDestinationAccount.php
@@ -0,0 +1,141 @@
+<?php
+/**
+ * SetDestinationAccount.php
+ * Copyright (C) 2016 thegrumpydictator@gmail.com
+ *
+ * This software may be modified and distributed under the terms of the
+ * Creative Commons Attribution-ShareAlike 4.0 International License.
+ *
+ * See the LICENSE file for details.
+ */
+
+declare(strict_types = 1);
+
+namespace FireflyIII\Rules\Actions;
+
+
+use FireflyIII\Models\Account;
+use FireflyIII\Models\AccountType;
+use FireflyIII\Models\RuleAction;
+use FireflyIII\Models\TransactionJournal;
+use FireflyIII\Models\TransactionType;
+use FireflyIII\Repositories\Account\AccountRepositoryInterface;
+use Log;
+
+/**
+ * Class SetDestinationAccount
+ *
+ * @package FireflyIII\Rules\Action
+ */
+class SetDestinationAccount implements ActionInterface
+{
+
+    private $action;
+
+    /** @var  TransactionJournal */
+    private $journal;
+
+    /** @var  Account */
+    private $newDestinationAccount;
+
+    /** @var AccountRepositoryInterface */
+    private $repository;
+
+
+    /**
+     * TriggerInterface constructor.
+     *
+     * @param RuleAction $action
+     */
+    public function __construct(RuleAction $action)
+    {
+        $this->action = $action;
+    }
+
+    /**
+     * @param TransactionJournal $journal
+     *
+     * @return bool
+     */
+    public function act(TransactionJournal $journal): bool
+    {
+        $this->journal    = $journal;
+        $this->repository = app(AccountRepositoryInterface::class, [$journal->user]);
+        $count            = $journal->transactions()->count();
+        if ($count > 2) {
+            Log::error(sprintf('Cannot change destination account of journal #%d because it is a split journal.', $journal->id));
+
+            return true;
+        }
+
+        // journal type:
+        $type = $journal->transactionType->type;
+
+        // if this is a deposit or a transfer, the destination account must be an asset account or a default account, and it MUST exist:
+        if (($type === TransactionType::DEPOSIT || $type === TransactionType::TRANSFER) && !$this->findAssetAccount()) {
+            Log::error(
+                sprintf(
+                    'Cannot change destination account of journal #%d because no asset account with name "%s" exists.',
+                    $journal->id, $this->action->action_value
+                )
+            );
+
+            return true;
+        }
+
+        // if this is a withdrawal, the new destination account must be a expense account and may be created:
+        if ($type === TransactionType::WITHDRAWAL) {
+            $this->findExpenseAccount();
+        }
+
+        Log::debug(sprintf('New destination account is #%d ("%s").', $this->newDestinationAccount->id, $this->newDestinationAccount->name));
+
+        // update destination transaction with new destination account:
+        // get destination transaction:
+        $transaction             = $journal->transactions()->where('amount', '>', 0)->first();
+        $transaction->account_id = $this->newDestinationAccount->id;
+        $transaction->save();
+        Log::debug(sprintf('Updated transaction #%d and gave it new account ID.', $transaction->id));
+
+        return true;
+    }
+
+    /**
+     * @return bool
+     */
+    private function findAssetAccount(): bool
+    {
+        $account = $this->repository->findByName($this->action->action_value, [AccountType::DEFAULT, AccountType::ASSET]);
+
+        if (is_null($account->id)) {
+            Log::debug(sprintf('There is NO asset account called "%s".', $this->action->action_value));
+
+            return false;
+        }
+        Log::debug(sprintf('There exists an asset account called "%s". ID is #%d', $this->action->action_value, $account->id));
+        $this->newDestinationAccount = $account;
+
+        return true;
+    }
+
+    /**
+     *
+     */
+    private function findExpenseAccount()
+    {
+        $account = $this->repository->findByName($this->action->action_value, [AccountType::REVENUE]);
+        if (is_null($account->id)) {
+            // create new revenue account with this name:
+            $data    = [
+                'name'           => $this->action->action_value,
+                'accountType'    => 'expense',
+                'virtualBalance' => 0,
+                'active'         => true,
+                'iban'           => null,
+            ];
+            $account = $this->repository->store($data);
+        }
+        Log::debug(sprintf('Found or created expense account #%d ("%s")', $account->id, $account->name));
+        $this->newDestinationAccount = $account;
+    }
+}
diff --git a/config/firefly.php b/config/firefly.php
index f93f5fe6f5..9d5113793b 100644
--- a/config/firefly.php
+++ b/config/firefly.php
@@ -185,8 +185,8 @@ return [
         'append_description'  => 'FireflyIII\Rules\Actions\AppendDescription',
         'prepend_description' => 'FireflyIII\Rules\Actions\PrependDescription',
 
-        'set_source_account' => 'FireflyIII\Rules\Actions\SetSourceAccount',
-        //'set_destination_account'          => 'FireflyIII\Rules\Actions\SetDestinationAccount',
+        'set_source_account'      => 'FireflyIII\Rules\Actions\SetSourceAccount',
+        'set_destination_account' => 'FireflyIII\Rules\Actions\SetDestinationAccount',
     ],
     'rule-actions-text'        => [
         'set_category',
diff --git a/resources/lang/en_US/firefly.php b/resources/lang/en_US/firefly.php
index a2a639d8e5..cd3074e301 100644
--- a/resources/lang/en_US/firefly.php
+++ b/resources/lang/en_US/firefly.php
@@ -241,6 +241,7 @@ return [
     'rule_action_set_source_account_choice'      => 'Set source account to...',
     'rule_action_set_source_account'             => 'Set source account to :action_value',
     'rule_action_set_destination_account_choice' => 'Set destination account to...',
+    'rule_action_set_destination_account'        => 'Set destination account to :action_value',
     // tags
     'store_new_tag'                              => 'Store new tag',
     'update_tag'                                 => 'Update tag',