User Support Forum

I would like to know the correct way of entering and posting a check recieved in the office by Dec 31 or recieved in the mail in 2010 but postmarked on Jan 31, 2009?

Last year the checks were entered into the contributions module using the date 12/31/2008 date and posted to Dec 2008 but were actually deposited on Jan 8, 2009. Should I use the current date for deposit ex 1/4/2010 but post to Dec 2009?

Thank you.

Barbara P wrote:I would like to know the correct way of entering and posting a check recieved in the office by Dec 31 or recieved in the mail in 2010 but postmarked on Jan 31, 2009?

Last year the checks were entered into the contributions module using the date 12/31/2008 date and posted to Dec 2008 but were actually deposited on Jan 8, 2009. Should I use the current date for deposit ex 1/4/2010 but post to Dec 2009?

Thank you.

For contributions to reflect in the Contributions Statement for 2009, they must be entered with a date of 12/31/2009. They will be posted to Contributions for 2009, as they were intended to be given so as to show on the 2009 taxes.

How you handle the funds in Funds Accounting is an accounting question, not a contributions one
However, I would handle them the same way they were handled in 2008.