How to Transfer Money from One Fund to Another
- Select Accounting > Adjustments > Transfer Money between Funds.
|
Owners Corporation Selector |
Select the Owners Corporation |
|
Transfer option |
Select required transfer option |
|
Date |
Enter date for transfer (note: end of financial period should be taken into account) |
|
Amount |
Amount to be transferred |
|
Description |
A default description is shown, overwrite if desired |
- Select Save to record the transfer.
This will result in an Expense entry against the source fund and a Revenue item against the destination fund.