posted: 2026-09-02
The biggest upgrade yet to your Financials tools. Your existing transactions are already organized under a General Fund and an Operating Account, so you can keep working the way you do now. One step is new: when you record a disbursement, choose the bank account it's paid from in the Drawn On field. It starts blank, even if your local has only one bank account, and M2 usually won't save the disbursement until you choose one. The other new capabilities are there when you're ready.
What's New
Fund Accounting
Create named funds (Building Fund, Charity Fund, Scholarship Fund, or whatever your organization uses) and choose a fund for each line of a receipt or disbursement. Each fund has its own ledger and balance. Transfer money between funds when needed. A new reconciliation page shows how fund totals line up against bank account totals.
Default Funds and Fund Merger
Give an income or expense account a default fund so postings to that account land in the right fund automatically. If an import left you with duplicate funds, merge them from the Funds page and all of the history moves to the surviving fund.
Multiple Bank Accounts
Track more than one account per local: checking, savings, or an investment account or CD, which you track the same way as any other bank account. Each account has a name, an institution, and the last four digits. Deposits and disbursements tie to the right account, each with its own running ledger. Flag one as the default.
Bank Account Transfers
Move money between accounts with a recorded transfer that shows up in both account ledgers automatically.
Disbursement Attachments
Attach invoices, vendor receipts, or quotes to a disbursement authorization. Documents stay with the record for audit.
Email Receipts
Send a receipt directly to the payor by email with a generated PDF attached. When the payor has a default email address on file, an envelope icon appears next to each payment in their Payment History. Click it to send the receipt to that address.
Profit and Loss Report
Income and expense breakdown by account with drill-down detail for every line.
Starting Balance Protection
M2 now protects each bank account's starting balance date. It won't let you record a deposit, disbursement, transfer, or adjustment dated on or before that date. Online payments are the one exception, because they are always recorded. If you set the date on or after the account's earliest transaction, M2 moves it back to the day before that transaction and adjusts the starting balance to match.
Follow-Up: Reports by Fund, Add Payment, and Clearer Account Names
posted: 2026-09-09
The Income & Expenses page, the Untransferred Funds page, and each Officer Funds Transfer page now break their totals down by fund. A member's Add Payments page now has a prominent Add Payment button, so recording a payment no longer means hunting for the link. Payment history shows each account by its own name, with the dues year where it applies, and hovering over the name shows the full account path.
Guides
20 - How to Manage Bank Accounts
21 - How to View a Bank Account Ledger
22 - How to Transfer Between Bank Accounts
23 - How to Create and Manage Funds
24 - How to View a Fund Ledger
25 - How to Transfer Between Funds
26 - How to Attach Documents to a Disbursement
27 - How to Email a Receipt
28 - How to Run the Profit and Loss Report
29 - How to Reconcile Funds Against Bank Accounts
30 - How to Merge Duplicate Funds