Reserve Fund

FundMaster maintains records of balances (overpayments and underpayments) for different contributions transactions. See relevant Reserve Fund links below:

Transactions Register

Transactions Register keeps records for all Reserve Fund transactions.

Clicking the Transactions Register link will open the Transactions Register where different transaction balances are listed. The transactions are normally recorded as inflows, which basically denotes overpayments. These inflows can later be used to settle deficits, say later underpayments from the same sponsor account.

The screenshot below shows a sample of a Reserve Fund Transactions Register in FundMaster:

Tip

• Movement of money from the Fund Accounts to bridge the deficit is treated as an Outflow.