New Transfer: Balance Forward
Posted: Sun Apr 24, 2011 12:39 pm
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.
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.