Q: Can I transfer money from one account to another?
A:
There are times when money from one account needs to be moved to another account.  In this example, the money is being transfered from the 2019-2020 Tuition account to the 2020-2021 Tuition account.  Since it is a tuition account, only deposits can be made (and not charges).

Once you have pulled up a specific family (click on Finance, then in the 'Select Parent' drop down, choose the family's name, then click 'Show Balance/Log Transactions for Selected Family'), you can follow these steps as illustrated in the images below:

Step 1.) Find the account that the money will be removed from and in the deposit row, type in the amount including a negative/minus sign.

Step 2.) Find the account that the money will be transferred to and in the deposit row, type in the same amount without a negative/minus sign.

Step 3.) Click the button 'Submit this Deposit (phase 1)'.
Note: You do not need to enter in a check number or note, as you will have an opportunity to do so in the next step.


Step 4.)
In the 'Source' field, type in a note, for example 'Transfer from 19/20 Tuition to 20/21 Tuition'.

Step 5.) Click the 'Really Submit..' button to complete the transfer transaction.



Note: This same process can be used for all accounts and can also be used as a Charge (instead of a deposit).