A non-profit company has excess funds in it's general funds and transfers that amount to another (holding) company to use to purchase a vehicle. This holding company holds all the non-profit's assets. How would you post the transfer? It's not a loan to or from, so not an asset or liability. Financial committee does not want it to show up as an expense, although that is where I think it should be. Nothing left but equity. Could that be correct?[/font]