Transferring between funds

Who is this guide for?

For the building manager who wants to transfer an amount from one fund to another, such as transferring the surplus of the services fund to the emergency fund.

Before you begin

• You need at least two funds, and a sufficient balance in the sending fund.

Steps

1. From the sidebar, choose Finance then Funds.
2. Click Convert at the top of the page.
3. In the Transfer between funds:
   • From fund: Select the sending fund, and Available Balance.
   • To fund: Select the receiving fund.
   • Amount: Example 300. It cannot exceed the available balance.
   • Exchange Rate: Only appears if the currencies of the two funds differ. Enter the actual price at which the transfer was made, and the system displays how much the target fund will receive.
   • Reason: Optional, example “reserve boost”.
4. Click Money Transfer.

Result

The sending fund's balance decreases and the recipient's balance increases immediately. The movement in the two funds is recorded, and you can find it in the fund details → Transfers.

Example: Transferring 300 dinars from the services fund to the emergency fund: the first becomes 1,200 instead of 1,500, and the second becomes 3,300 instead of 3,000.

Important notes

• No undo button for conversion; If you make a mistake, perform a reverse transfer with the same amount.
• It is not possible to transfer from the fund to itself.
• If the Convert button does not appear, you do not have permission — contact your building manager.

Who is this guide for?

For the building manager who wants to transfer money between two mobile phone funds.

Before you begin

• You need at least two funds, otherwise a message appears You need at least two funds to perform a transfer.

Steps

1. Click More then Financial Funds.
2. Click the convert button (two arrow icon) next to Try ready-made examples; Its title is Transfer between Funds.
3. Select From fund, and Available Balance.
4. Select To.
5. Enter amount, example 300.
6. If the two currencies are different, the Exchange Rate field appears; Enter the actual price, and you will see The Fund will receive the target with the transferred amount.
7. Type the reason for the transfer (optional) and click Perform Transfer.

Result

The message The transfer was completed successfully appears and the balance of the two funds is updated.

Important notes

• Insufficient balance to complete this transfer: The amount is greater than the sending fund balance.
• No rollback; Correct the error with a reverse transformation.
• If the transfer button does not appear, you do not have permission — contact your building manager.