The Members Funds Redistribution function is used for moving money between activity codes.
Important: This form only moves money within Members Funds (225).
It will default to the 'New Submission' tab. Fill in details as below; when you have filled in these fields a set of boxes will appear. Complete details of the description, activity and the amount in the From Lines and To Lines sections, then click 'Commit'.
- Committee - The CSP which requires the transaction correction. If the required CSP does not appear in the drop down, please ensure you have the correct role selected.
- Funding - This will only allow you to select Members Funds (225).
- Total Correction Amount - The total amount of funds that need to be corrected. You can correct multiple lines at once, provided the total covers all of them.
- Notes - These need to be clear and explain why the correction is needed.
This form allows you to move money between activity codes. This should normally be used to balance profits or losses from individual activity codes. For example, the Canoe club ran an event for which they sold tickets with the income and expenditure going into “Christmas Dinner (48)”. The event was successful and generated a profit of £285. Using the members fund redistribution, this money can be moved from (48) to General (00). Amounts within this code are purely to balance income or expenditure within other codes.
Be careful not to create overspends within Activity codes with this form.
