Budget Transfer

The Budget Transfer section is used to move allocated amounts from one budget category to another. This ensures that adjustments can be made when funds need to be reallocated between heads, groups, or GL accounts within the budget structure.Users must specify both the source and destination budget details, including the relevant hierarchy levels, and enter the transfer amounts accordingly.

Field	Action
From: Budget	Select the budget from which the amount will be transferred.
Label1 (Head)	Select the main account head under the source budget.
Label2 (Group)	Select the group under the selected head.
Label3 (GL)	Select the General Ledger account under the selected group.
Label4 (GL)	Select the detailed GL or sub-account, if applicable.
Source Amount	Enter the amount to be deducted from the selected source account.
To: Budget	Select the budget where the amount will be transferred.
Label1 (Head)	Select the main account head under the destination budget.
Label2 (Group)	Select the group under the selected head.
Label3 (GL)	Select the General Ledger account under the selected group.
Label4 (GL)	Select the detailed GL or sub-account, if applicable.
To Amount	Enter the amount to be added to the selected destination account. The amount must match the Source Amount.