DonatePR.com
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      • Zero Community Balance
      • Closing a Community
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    • Expenses FAQ
    • Submitting Expenses
      • Inviting a third-party to submit an Expense
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    • Edit or Download an Expense
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  • Fiscal Hosts
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    • Creating a Fiscal Host
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  • Independent Communities
    • About Independent Communities
    • Create an Independent Community
      • Migrate from Self-Hosted to Independent Community
      • Migrate from a Fiscal Host to Independent Community
    • Independent Community Setup
    • Independent Community Management
      • Money coming in: Contributions
      • Money going out: Expenses
    • Close an Independent Community
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  1. Communities
  2. Community Settings

Zero Community Balance

PreviousIntegrationsNextClosing a Community

Last updated 6 months ago

Before or , the balance must be at zero.

You can move money out of your Community in several ways:

  • to withdraw funds.

  • in the same fiscal host.

  • Giving the remaining balance to your Fiscal Host. You can access that option by navigating to your Community's Dasboard > Settings > Advanced**.**

Leftover Balance

Let the Payee cover the fees

When emptying the balance for a community, you have the option of charging the payment processor fees on the payee which will guarantee that 100% of the community's balance will go out. This option is only available for bank transfers for hosts that support Transferwise at the moment.

When these conditions are met, the host admins will see a checkbox on the Pay expense modal:

Dealing with small leftovers

When it's not possible to use the feature previously described, you may sometimes end up with a small amount left behind if you try to withdraw 100% of your balance. This is usually caused by fees being hard to predict exactly.

If this happens, go to your Community's page, click on the gear icon next to your logo, head to Advanced and use the Empty Balance button to transfer the remaining funds to your Fiscal Host.

closing a Community
Submitting expenses
Donating to another Community
changing hosts