Is there a way to book a gift as a transfer from one fund to another? Our Women's Board decided to allocate a portion of their funds to our general operating fund, but I am not sure how to book this. Is there a "Transfer" payment method we would have to create? If anyone has done something similar before, I appreciate the help- thanks!
We have done this before with our auxiliary groups. We created a new campaign and fund/GL that is for intercompany donations. This is where we record donations from our auxiliary groups. Most of them are checks they send to us as they have their own bank accounts otherwise we have used the electronic deposit payment method. Not sure if that is what you were looking for, but figured I would share.
Hi Shannon, thanks for sharing! That is one idea, although I don't think our auxiliary groups have their own accounts. The funds are already in our system, I just have to transfer them to another fund and campaign.