Abstract: A multi-functional valve has a combined safety, bypass, shut-off and inservice capability. The multi-functional valve is modified to attach directly to the cylinder of an exchange unit of water treatment. This multi-functional valve has a base member and a head portion. The base member fits onto the exchange cylinder. The head portion of the multi-functional valve includes a water receiving section capable of being tapped directly into the waterline. Mounted to the head section is a lever arm to move the valve to the desired position.