Canceling an EFT / ACH transaction?

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
andy.reese
New Member
Posts: 2
Joined: Sun Mar 31, 2019 2:28 pm

Canceling an EFT / ACH transaction?

Postby andy.reese » Sun May 05, 2019 1:32 pm

We entered a scouting expense today in LCR. The recipient is set up of ACH transactions. The expense was approved by my 2nd reviewer. Now it's in "Bishop's Review" tab with a EFT Status of "Pending Approval".

After all of this I noticed that we have the wrong recipient on the expense. We had entered the requester as the recipient by mistake.

Is there a way to cancel or fix the expense before the EFT / ACH is complete? Or do we have to wait for the transaction to complete and then ask the member for the money back, so we can get it to the correct member...

Thanks

drepouille
Senior Member
Posts: 2150
Joined: Sun Jul 01, 2007 5:06 pm
Location: Plattsmouth, NE
Contact:

Re: Canceling an EFT / ACH transaction?

Postby drepouille » Sun May 05, 2019 3:06 pm

Stupid question -- Why isn't the requester the recipient?
I assume your process is to have the organization leader request reimbursements for those who actually spent the funds.
Dana Repouille, Plattsmouth, Nebraska

davesudweeks
Senior Member
Posts: 1534
Joined: Sun May 09, 2010 8:16 pm
Location: Oklahoma, USA

Re: Canceling an EFT / ACH transaction?

Postby davesudweeks » Sun May 05, 2019 5:36 pm

drepouille wrote:Stupid question -- Why isn't the requester the recipient?
I assume your process is to have the organization leader request reimbursements for those who actually spent the funds.

I could see it as a member providing the receipt to the organization president for them to turn in. If it isn't clear (I'm seeing this regularly now that they can submit via email), it could be assumed the reimbursement goes to the organization president who turned in the request instead of the member who incurred the expense.


Return to “Local Unit Finance”

Who is online

Users browsing this forum: No registered users and 3 guests