Contribution Transfers

Chamasoft allows you to transfer a members contribution.

This involves transferring of a a contribution from one member’s account to another within the group.

This occurs in the following scenarios:

1. When a member wishes to repay a loan through his/her contributions.
2. When a member wishes to make a certain contribution through his/her other contribution.
3. When a member wishes to make a payment (e.g. fine or other miscellaneous payment ) using his/her contribution.

To record a contribution transfer, follow the steps below.

1. Go to Contribution Transfers>Record Contribution Transfers

2. Enter the date, the member (making the transfer), the source of the contribution, the recipient contribution,                  the amount and a description (optional).

click on RECORD CONTRIBUTION TRANSFER to save.