using restricted funds in payroll

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

Moderators: Moderators, Tech Support

Post Reply
lhotovec
Posts: 10
Joined: Tue Nov 13, 2012 10:51 pm

using restricted funds in payroll

Post by lhotovec »

We have restricted funds that are to be used to improve the building. We want to pay employees from this fund for the work they have done on the building. There isn't a "release restricted funds" option in payroll. How do we make this work?

Jeff
Program Development
Program Development
Posts: 1225
Joined: Fri Sep 05, 2003 11:43 am
Location: PowerChurch Software
Contact:

Re: using restricted funds in payroll

Post by Jeff »

You will have to do the release transaction in Fund Accounting as a separate transaction. The release transaction is a balanced transaction and can be posted by itself. You will probably want to put a note on the transaction as to why funds are being released.

Post Reply