Getting Money In and Out

Money in

Money reaches your shared account by bank transfer. It lands directly in the Group's shared account, the same destination every other transaction uses.

Money out

Spending goes through a Decision, not a direct treasury action:

1. Someone starts a Spend Decision, naming a recipient and an amount.
2. The Group votes.
3. If it passes, the treasury signing flow unlocks and Approvers sign.
4. Once enough have signed, one of the Approvers sends it. Signing collects the permission; sending is its own step, and somebody has to take it.

See Who Can Spend, and Who Has to Approve for the Approver side of this.

Money owed between organizations

When one organization owes another, that's recorded as a treasury-adjacent obligation, but it's hidden from members by default. See Who Can Do What in Your Group for how that permission works.

Fees

EnDAO is not charging a platform fee on money moved yet. When that starts, a paid plan will carry no fee, and the free plan will take 5% of what comes in and 1.5% of what goes out, worked out on the amount entered before anything is deducted.

On every plan the bank charges its own fee to move the money, passed through at what the bank charges with nothing added. It comes out of the treasury, or is paid by whoever submits the transaction, depending on your setup. How Money Moves lists what each way of moving money costs.

Related guides

• Who Can Spend, and Who Has to Approve: Approvers and the approval threshold.
• Money Given for a Specific Purpose: recording what a funder said money is for.
• What We Report, and What We Don't: the Payee Summary report.