NewhopeChatt wrote:I did a "reverse" in the Contribution module and have everything posted. Why is the change not showing in Fund Accounting? It's showing the change in Contributions.
The issue I'm having is, since the Contribution was already Posted in Fund Accounting can I just change that posting in FA?
Right ... I understand you reversed the Contributions, and you posted. Did you post to Funds Accounting
when you posted Contributions, or did you ONLY post to Contributions?The following assumes that you used the Post to Funds Accounting option when you posted Contributions
Did you post transactions IN
As I mentioned previously, if you reversed and entered the correction in Contributions and then POSTED CONTRIBUTIONS using the Post to Funds Accounting
option; the system will create the proper Funds Accounting transactions to do the reversal and update in Funds Accounting. These transactions are then placed in the Unposted Transactions
queue in Funds Accounting.
You still have one more step to do .. just posting Contributions will not update Funds Accounting.
If you haven't posted Funds Accounting
since you made the correction, these transactions are sitting in the Unposted Transaction queue. So, if you manually correct the Contributions Deposit, but don't realize that these other transactions are sitting in the queue and you post everything there, you'll be making your accounts out of balance.The following here assumes that when you posted Contribution, you used the Only Post to Contributions option
You'll need to find the original Contribution Deposit in the View Posted Contributions
it, then enter a new transactions reflecting the proper income accounts. It is MUCH safer to do the entire transaction over adjusting for the correction in accounts.
Hope this helps.