Having a member refund and overpayment

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
devonerickson
New Member
Posts: 2
Joined: Sun Sep 07, 2014 11:23 am

Having a member refund and overpayment

Postby devonerickson » Tue Mar 29, 2016 8:43 am

We had a member receive an overpayment for an expense, and the stake auditor recommended that the member write a check to the unit for the amount of overpayment. How should this check be processed? Can it be directly deposited back into the budget category from which it was originally paid? Are there other options to deal with this audit exception?

eblood66
Senior Member
Posts: 2028
Joined: Mon Sep 24, 2007 8:17 am
Location: Cumming, GA, USA

Re: Having a member refund and overpayment

Postby eblood66 » Tue Mar 29, 2016 9:05 am

Yes, deposit it back into the budget category where it came from. This is one of the few exceptions to the rule that donations can't be made to budget since it isn't really a donation (although it's otherwise processed like one).

russellhltn
Community Administrator
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Joined: Sat Jan 20, 2007 2:53 pm
Location: U.S.

Re: Having a member refund and overpayment

Postby russellhltn » Tue Mar 29, 2016 10:33 am

eblood66 wrote:since it isn't really a donation (although it's otherwise processed like one).

It won't show up in the member's year-end tax statement. Which is correct.
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