Get 50% Off for 3 Months—track funds with clarity and build trust with every dollar.
No commitment or credit card required.
An interfund transfer is an internal movement of money between different funds within the same nonprofit organization, not counted as income or expense.
Unlike expenses, interfund transfers do not represent money leaving the organization, but rather a reallocation of internal resources between funds.
Nonprofits use interfund transfers to manage cash flow, cover shortfalls, or allocate shared costs while maintaining compliance with donor restrictions.
Aplos allows users to easily record and track interfund transfers, ensuring accurate reporting and compliance with fund restrictions.
Yes, auditors review interfund transfers to ensure they are properly documented, justified, and in compliance with applicable policies and restrictions.