Interfund Reverse

Can I Undo an Interfund Transfer?

Adjustments are not available for interfund transfers. Once they are processed on a check run they cannot be altered in the Grant screen. The only option would be to manually create a Journal Entry (JE) in Financial Edge (FE), and use the adjustment utility to permanently remove the Paid Date and the Check Number and/or delete it entirely. The user would then need to either do reversing JE's if they have been posted or delete the JE batch in FE. 

Editing an Interfund Transfer Amount

1. Fix the amount in FE.
2. In GE go to Admin > Utilities Menu > Adjustment Utility > locate the transfer and open it.
3. On the Funds, Payments, and Components tabs update the amount to the proper number, use the tab key on your keyboard to move out of the fields. 
4. Save.
5. When the amounts are updated, the summary tab should reflect these changes.

How to Delete an Interfund Transfer?

1. Open the transfer.
2. Change the record status to INVALID.
3. Admin > Global Delete > Grants.
4. Select the checkbox next to the transfer > click Delete Grant(s).
5. Either reverse the JE in FE if it has posted or delete the JE batch.