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Transfer accounts
Posted: Thu Mar 17, 2011 6:15 pm
by Heidilr1
Do the transfer accounts have a normal debit or credit balance? (assets = debit; liab = credit). Still trying to figure out exactly how to use these transfer accounts and have them accurately reflect what is going on with the #s.
Re: Transfer accounts
Posted: Thu Mar 17, 2011 9:27 pm
by NeilZ
Heidilr1 wrote:Do the transfer accounts have a normal debit or credit balance? (assets = debit; liab = credit). Still trying to figure out exactly how to use these transfer accounts and have them accurately reflect what is going on with the #s.
Did a search on +transfer +account, and came up with this thread:
http://powerchurch.com/forum/viewtopic. ... 02&p=20767
If you go through it, you'll see how they're used.