From time to time you may need to transfer money between accounts. This can take three forms:
- Transfer money from one troop member to another
- Transfer money from one troop account to another
- Transfer money from one fund to another
Transfer Between Troop Members
If a family has several members in the troop, they may ask you to rebalance their accounts by shifting money from one to another.
You can do this by using the Transfer Between Member Accounts transaction type, as shown at left.
Select the person from whom the money is being transferred as the Charge To Person account.
Select the person who will receive the money as the Credit To Person.
Transfer Between Troop Accounts
If your troop has more than one troop account, you may need to occasionally move money from one to another.
In the example shown at right, a check was written from the troop checking account to the Scout Shop, where the troop also maintains a balance.
Transfer Between Troop Funds
If you are doing fund accounting, you may need to occasionally move money from one fund to another.
In this example, the troop set aside $500 to use for future purchases of troop equipment.