Tranfer to another ward

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
brown67
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Joined: Fri Jan 27, 2017 3:29 pm

Tranfer to another ward

Postby brown67 » Sun Feb 19, 2017 4:01 pm

How do I reimburse another ward via electronic transfer? Agent ward needs us to reimburse them for building expenses. We normally cover this out of money we set aside in the Bishops line item of the budget. However, when I do an electronic transfer the only listing is "Budget Allocation" and "other budget" accounts. I can not pull from the Bishops line of the budget. What happens if I select "Budget Allocation" and transfer to the other ward's "Budget Allocation"

I know I can write a check, but I'd like to learn about transferring electronically.

jdlessley
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Location: USA, TX

Re: Tranfer to another ward

Postby jdlessley » Sun Feb 19, 2017 7:43 pm

brown67 wrote:What happens if I select "Budget Allocation" and transfer to the other ward's "Budget Allocation".

Once the transfer is complete through the Budget Allocations sub-category both your ward and the other ward can recategorize the transfer to the subcategory necessary for tracking the transaction in each of the wards respectively.
JD Lessley
Have you tried finding your answer on the LDS.org Help Center page or the LDSTech wiki?


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