What just happened in LCR Finance?

[drepouille]

What are these transfers for?

DATE REFERENCE # CATEGORY DESCRIPTION TYPE AMOUNT
10 Oct 2019 Tithing YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Fast Offerings YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Temple Construction YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Humanitarian Aid YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 General Missionary Fund YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Book of Mormon YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Medical - Fast Offerings Expenditures YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Other - Fast Offerings Expenditures YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Housing - Fast Offerings Expenditures YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Utilities - Fast Offerings Expenditures YTD Transfers to/from CAO headquarters Transfer
10 Oct 2019 Perpetual Education YTD Transfers to/from CAO headquarters Transfer

[Venomiser5]

https://tech.churchofjesuschrist.org/wi ... _Statement

[garystroble]

https://tech.churchofjesuschrist.org/wi ... _Statement

There is some outdated information in that link.

[eblood66]

It looks like they have added a 'dynamic' entry to the report to show that all funds in those accounts get transferred out of the unit and to make the balance always 0. If you view the Income/Expense Detail report and use a custom date then the headquarters transfers always show up on the last day of the selected range. I'm assuming that they didn't want to clutter the report with a transfer entry for every donation entry but they still want to show a 0 balance.