Fund Transfer

To ensure a full audit trail and consistency in SOFA reporting of amounts transfered between funds this dedicated transaction is used.

Transfers between funds should be undertaken carefully and be fully understood, particularly when moving amounts from Restricted funds. A discussion with an advisor is strongly recommended.

This screen is used to record any transfers between Funds.

Transfer Date

Set the transaction date.

Reference

Add a reference if required.

Memo

Add any memo information. This will appear on certain reports.

Transfer from Fund

Select the Fund from which value is being transfered.

Transfer to Fund

Select the Fund receiving the value.

Amount

Enter the amount being transfered.

Click on the SUBMIT button to store the transaction.