need to record??

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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kcm
Posts: 3
Joined: Mon Jan 11, 2010 2:01 pm

need to record??

Post by kcm »

My pastor accidentally used the church's debit card. He wrote a check to the church to pay back the money. Do I need to record this? If so, how?

JohnDMeyers
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Location: Potsdam, NY
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Re: need to record??

Post by JohnDMeyers »

You will need to record it to reconcile your debit card bank account.

I would show the original purchase as if it was a normal purchase, even if it goes under misc. expenses.

Then show the check from the pastor as a CR to that same expense account.
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kcm
Posts: 3
Joined: Mon Jan 11, 2010 2:01 pm

Re: need to record??

Post by kcm »

Great help. Thanks!

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