User Support Forum

Accounting "Investment Funds" were setup for some of our investment accounts. I have setup the investment accounts as asset accounts. These Investment funds were adjusted using OOB so that they have zero balances as we close out 2011. As of right now I have not closed out 2011. I tried to remove the...

Thanks,

We will see what we can get done tomorrow.

The total system is only out of balance by $34,000 which considering no one has reconciled or worried about balance sheets for over 10 years is pretty good IMO. I have been adjusting the asset accounts of the funds to their "real" values with offsetting entries to each funds "3001" account. My thoug...

None of the Funds are in balance, General Fund Asset is a large negative amount, building fund is very large positive amount. My thought was to get the asset balances correct by moving asset balances from one fund to another. I was just going to debit building asset fund and credit general fund asse...

Our church has been using PC for contributions and accounts payable but not for income statements or balance sheet entries. Result is that General, Building, Savings Fund balances are off. Total of all is close. My plan was to debit and credit funds to get in balance but I see some mention using 900...