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Group funds withdrawals?


Herbie Ruttenberg
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There is no "group account," except as a transient bookkeeping entity. Any money that is credited to a group is immediately split evenly among group members, provided that their roles allow them to share assets.  It's been my experience that "immediately" means "within a few minutes, at most."  If a transfer appears to take longer than that, I'd guess it's because some other step in the process is slow. For example, group liabilities and dividends are figured on a weekly basis.

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Group dividends are paid the day after the money is paid into the group.

If you only want the money to be split between the group owners you need to make sure that the owner role is the only one that has "Pay group liabilities & receive dividends" checked. That is checked by default for the "Everyone" role.

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