Reversing automatic entries

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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Heidilr1
Posts: 81
Joined: Wed Oct 20, 2010 10:52 am

Reversing automatic entries

Post by Heidilr1 »

I set up our giving to automatically transfer x% to the missions fund each week. However, this percentage was incorrect. I don't see these entries listed in the transactions. Where are they and how can I change them?

JohnDMeyers
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Location: Potsdam, NY
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Re: Reversing automatic entries

Post by JohnDMeyers »

You won't see the transactions in the Contributions module.

They get transferred first to unposted transactions in Fund Accounting, then they posted in Fund accounting.

You didn't say what your incorrect or correct percentages were. I'll assume the incorrect was 8% and the correct should be 10%.

If you entered $100.00 in Contribution Fund 101 and 8% wento to Contribution Fund 201 for missions, then the Contributions would show $100 in Fund 101.

When you post the Contributions to Fund Accounting, you will get two unposted transactions. One for $92.00 and one for $8.00

To correct this to 10%, you won't have to do anything in the Contributions module.
You will have to take $2.00 out of the General Tithes and add $2.00 to the Missions Fund, and post in Fund Accounting.
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