Making changes to a fund which is in the Active status.

To modify a fund in the Active status, an approval process is necessary.

Fund modifications can have the following statuses: Initial, Active and Closed. The fund change or transfer should be approved by an authorized person for example, a fund manager. Multiple persons can be assigned to the approval process. The modified fund amount is updated after the status is set to Approved. You can see the change reflected in the original and new amounts.
There can be one change/transfer of a fund at one point of time.

You can modify funds in two different ways: