fixing a minor accounting error in member withdrawal?

Alex Dietz on

New treasurer here. I made a minor accounting error in
Bivio recording a member's full withdrawal. Would
appreciate the method to correct it.

1. member's full share was worth $16598.47 --> but I wrote
the check for $16598.74 (swapped the cents which added
$0.27)
2. When the check appeared in Bivio,I figured I'd make the
$0.27 a "fee" or whatever on the form for cashing out the
member so that the check amount (16598.74) would equal the
member's value (16598.47) plus 27 cents. But instead the
fee got subtracted from member's value, and now the member's
cash-out value is $0.27 cents under what it should be and we
have an incoming check that doesn't exactly match a
transaction. I know it's a minor amount but I'd like to be
exact.

Help! I can't "edit" the transaction - there's no edit
button for that transaction like there is for all th
eothers. Should I simply delete what I did and re-do? Will
the incoming check from Schwab re-appear?

John Rice on

I assume that the member already deposited the check. If not, fix and redo the check. Otherwise, you can delete the whole thing and redo it but you will still be off. I would contact Bivio and see what they say.

On Thu, Oct 29, 2026 at 11:48 AM Alex Dietz via bivio.com <user*21774700001@bivio.com> wrote:

New treasurer here. I made a minor accounting error in
Bivio recording a member's full withdrawal. Would
appreciate the method to correct it.

1. member's full share was worth $16598.47 --> but I wrote
the check for $16598.74 (swapped the cents which added
$0.27)
2. When the check appeared in Bivio,I figured I'd make the
$0.27 a "fee" or whatever on the form for cashing out the
member so that the check amount (16598.74) would equal the
member's value (16598.47) plus 27 cents. But instead the
fee got subtracted from member's value, and now the member's
cash-out value is $0.27 cents under what it should be and we
have an incoming check that doesn't exactly match a
transaction. I know it's a minor amount but I'd like to be
exact.

Help! I can't "edit" the transaction - there's no edit
button for that transaction like there is for all th
eothers. Should I simply delete what I did and re-do? Will
the incoming check from Schwab re-appear?

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