To move funds, you must have the following role:
- Fund Manager
You can move funds within a ledger hierarchy so that the fund is still nested under the same ledger, but is associated with a different account within the ledger. You can also move funds from one ledger to another as long as the fiscal period is the same.
To move funds:
- On the Funds Transfer page (Acquisitions > Acquisitions Infrastructure > Move Funds in Hierarchy), click Browse in the Fund to relocate field, select a fund, and click Select. The selection appears in the Fund to relocate field. Alternatively, on the Funds and Ledgers page, click Move fund beneath the specific fund that you want to relocate. In this case, the Fund to relocate field is pre-populated.
- Click Browse in the Target ledger/summary fund field, select a fund, and click Select. The selection appears in the Target ledger/summary fund field.
- Click Add Fund Relocation and click Confirm in the Confirmation Message dialog box. The relocated fund with its new location and old location appears at the bottom of the Funds Transfer page.