Non-Profit
Inter-fund Transfer (General to Scholarship)
Internally moving cash between two different funds within the same legal entity.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Transfer Out: General Fund | Equity (-) | 500.00 | - |
| Transfer In: Scholarship Fund | Equity (+) | - | 500.00 |
💡 Accountant's Note
Inter-fund transfers do not change the total Net Assets of the NGO; they just move money between internal 'buckets' for tracking purposes.
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