New Transfer: Balance Forward

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lambertinut
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New Transfer: Balance Forward

Postby lambertinut » Sun Apr 24, 2011 11:39 am

I was looking at my budget report, and noticed that the distribution center charges are twice what they were last week. There is an charge for $1.25 in both the expense and transfer columns. When I looked into it further, I found the transfer happened on 4/20, and realized that every expense we have had this year has now shown up as a transfer with the reason "Balance Forward." This has also applied to our budget. Since our ward was just split, we are splitting the budget with our old ward, and they have printed us a check for our portion of the budget so the checks show as "Manual Adjustments by Unit."

I think I figured out why it did that, or at least I hope I did. I think it has to do with the System Option where our budget year corresponds to the Calendar Year instead of the Fiscal Year. (I have corrected that, and aligned the budget year to the calendar year.) I am wondering if anyone knows how to delete the transfer, or if that is even possible. I am sure I can go in and make another transfer to counter that one, but I would rather delete the existing one and keep things looking less confusing. Thank you for your suggestions.

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aebrown
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Postby aebrown » Sun Apr 24, 2011 1:46 pm

lambertinut wrote:I am wondering if anyone knows how to delete the transfer, or if that is even possible. I am sure I can go in and make another transfer to counter that one, but I would rather delete the existing one and keep things looking less confusing. Thank you for your suggestions.


It is not possible to delete a transfer. See, for example the wiki section Subcategories, which says: "Saved transfers cannot be undone. An opposite transfer must be entered to reverse the previous incorrect transfer." You can, however choose the date for the transfer. If you do make a transfer to undo an incorrect transfer, make sure you choose the same date -- that will at least help keep the original transfer and the opposite transfer grouped together.
Questions that can benefit the larger community should be asked in a public forum, not a private message.

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mlh78
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Postby mlh78 » Mon Apr 25, 2011 8:28 am

lambertinut wrote:I was looking at my budget report, and noticed that the distribution center charges are twice what they were last week.


I am having a related problem. I recategorized all distribution center charges to the appropriate budget categories. Sometime in the last two weeks, church headquarters downloaded these same transactions (for the entire year) into the distribution center category.

jerrobertson
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Postby jerrobertson » Tue Apr 26, 2011 6:43 pm

Same issue here. For me, the transfer happened on the 20th of April, and included several categories from Budget, FO, Other, Missionary, etc. The other thing of note is that the source amount is significantly less than the destination amount.

Could this be related to and/or part of the quarterly distribution of funds?

russellhltn
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Postby russellhltn » Tue Apr 26, 2011 7:00 pm

I called CHQ on a unrelated thing, I got this on the recording: "If you are experiencing odd transfers or doubled balance amounts in budget or other, we are aware of this problem and will be sending a fix by the end of the week. Please do not make any adjustments to these in MLS."
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