Finance App
Last updated
Last updated
The Finance app is used to manage the financial resources of an organization.
Checking the balance of each asset the organization owns.
Checking the history of past transfers.
Creating new transfers from the Finance app.
The Token Balances section shows you the balance of each token owned by the organization.
The section shows you a history of past transfers that have been made using the Finance app, including information about the date of the transfer, what address the transfer was to or from, a reference with additional context about the transfer, and the amount of the transfer.
See the examples below.
To send funds to your organization, you can create a deposit using the Finance app
Click the New Transfer button.
Open the _Deposit _ tab.
Select the token you want to deposit.
Enter the amount.
Enter an (optional) reference note.
Then click the Submit deposit button.
For non-ETH tokens two transactions may be required to make a deposit.
The first transaction approves the Finance app to pull the deposit amount from your account balance, and the second transaction is the actual deposit transaction.
This is a safety feature to prevent the Finance app from pulling more funds from your account than you have explicitly authorized.
To create a new transfer from your organization to another address, you can create a withdrawal using the Finance app
Click the New Transfer button.
Open the Withdrawal** ** tab.
Enter the address you want to make the transfer to.
Enter what token you want to send.
Enter the amount of tokens you want to send.
Add (optionally) a reference note to provide more context for the transfer.
Once you have filled out all of this information you can click the Submit transfer button to complete the action, if you have permission.
As mentioned before, all actions in the Company organization require a vote by token holders. Click Create transaction then open your Ethereum provider to sign and send the transaction that creates the New Transfer vote.
The transfer has to be approved by token holders. Cast a Yes vote to approve the transfer and have the other token holders in the organization vote as well.
After confirmation, the transfer will execute.
