Approving member withdrawals (two stages)
Review a withdrawal request, then have a different officer approve and record the payout.
Members ask to withdraw; two different officers decide. The member, the reviewer and the approver are always three different people, and the balance moves only at final approval.
Before you start
Each stage has its own permission, which your association assigns to whichever roles it chooses:
- Review (
cooperatives.withdrawals.review): by default the Treasurer and the Financial Secretary. - Approve (
cooperatives.withdrawals.approve): by default the Administrator.
A role you created yourself has neither permission until you add it in Settings → Roles.
Stage one: review
Stage two: approve and pay
The system records the payout, it doesn't send money
You pay the member out of the cooperative's bank account yourself; approving records it in the member's savings and the books.
If your cooperative has only one or two officers
An administrator can switch off two-stage approval in Cooperative setup. Then one officer decides each request. A request already waiting keeps the rule it was made under.
Related
Withdrawing from your savings (members)
Ask to take money out of a withdrawable savings type, and follow the request through review and approval.
Cooperative setup: account types and loan categories
Create the savings types and loan categories your members see, and choose how withdrawals are approved.
Recording deposits and withdrawals
Record money going into or out of a member's savings account.
Last updated 2 November 2026