Search found 44 matches

by Sandy
Mon Aug 03, 2020 12:22 pm
Forum: Contributions
Topic: how to correct automatic transfer in contributions
Replies: 5
Views: 209

Re: how to correct automatic transfer in contributions

Thank you.

Should I do this transaction in fund acct?
by Sandy
Mon Aug 03, 2020 12:00 pm
Forum: Contributions
Topic: how to correct automatic transfer in contributions
Replies: 5
Views: 209

Re: how to correct automatic transfer in contributions

This actually happened over a period of two years. Is it imperative to do for each month. Just wondering
by Sandy
Mon Aug 03, 2020 9:48 am
Forum: Contributions
Topic: how to correct automatic transfer in contributions
Replies: 5
Views: 209

how to correct automatic transfer in contributions

We use automatic transfer to set aside money that our church tithes on from our general offering. These are percentages of the general offering. I just discovered that one of the transfers for our outreach program has been doubling due to operator error ( there were 2 accts set up in contributions f...
by Sandy
Wed Apr 05, 2017 11:10 am
Forum: Accounting
Topic: budgeting for savings
Replies: 4
Views: 237

Re: budgeting for savings

Contributions are going to a general offering (4030) and when posted go to a temporarily restricted income acct. (4212) The tithe part is 1% of regular offerings. Donations go directly to the restricted acct. Both income accts debit the checking acct. I'm not sure how to set up to automatically post...
by Sandy
Tue Apr 04, 2017 11:23 am
Forum: Accounting
Topic: budgeting for savings
Replies: 4
Views: 237

Re: budgeting for savings

I think the true question is more about how to handle this account. I show this account on the Cash Management Report each month and it also shows in the Savings account which is also on the cash management report. I am transferring the tithe each month to savings but it can be a bit confusing. I wo...
by Sandy
Mon Feb 06, 2017 8:47 pm
Forum: Accounting
Topic: reusing old acct numbers
Replies: 8
Views: 361

Re: reusing old acct numbers

Ok I have another question. Well actually a few.... #1 After I have moved the accts to the 8900 level, do I need to just delete the old accts? I do want to reuse those numbers but I'm not sure what is the best way to go about it. #2 How can I handle (remove) old Equity, income, temp restricted and t...
by Sandy
Mon Feb 06, 2017 8:27 pm
Forum: Accounting
Topic: principal reduction fund
Replies: 1
Views: 196

principal reduction fund

We have set up a principal reduction fund so that members can make a contribution to help pay down our mortgage. This fund is basically a pass thru fund in that we will make a principal only payment at the end of each month with any donations to the fund that come in. This is in addition to our regu...
by Sandy
Mon Feb 06, 2017 7:48 pm
Forum: Accounting
Topic: reusing old acct numbers
Replies: 8
Views: 361

Re: reusing old acct numbers

That works for me. Thanks!
by Sandy
Sun Feb 05, 2017 1:11 pm
Forum: Accounting
Topic: reusing old acct numbers
Replies: 8
Views: 361

reusing old acct numbers

We have some old accounts that have not been used for 4 years. They are inactive. I would like to reactivate them as new accounts just because I would like to keep the account numbers sequential. The old information is no longer needed. Is there a problem with doing this or any special way I should ...
by Sandy
Sat Jan 07, 2017 9:30 pm
Forum: Contributions
Topic: contributions posted 2x to fund accounting
Replies: 1
Views: 236

contributions posted 2x to fund accounting

When I posted everything to fund accounting at the end of December, the contributions for the first week in December posted twice with different posting dates from contributions module (Dec 4 and Dec 16). But there is only one contribution for that date on contribution statements per contributor. I ...
by Sandy
Sun Nov 20, 2016 10:34 am
Forum: Accounting
Topic: budgeting for savings
Replies: 4
Views: 237

budgeting for savings

We are budgeting a certain percent of our tithes for future large repairs for our building systems. It is an automatic amount that comes out each offering. My problem is how to make the income and expenses equal out since we are not spending this money but are placing it in savings until we need it....
by Sandy
Sat Jun 18, 2016 10:25 am
Forum: Accounting
Topic: how to deduct tuition from payroll for employees
Replies: 3
Views: 635

Re: how to deduct tuition from payroll for employees

Does this mean that I can setup a receivable for each employee and when payroll is posted it will reduce the amount for each individual employee or is that possible? Do I need another step to do that or can I just rely on a payroll report to prove the payment for each employee? I am just trying to m...
by Sandy
Mon Jun 13, 2016 3:37 pm
Forum: Accounting
Topic: how to deduct tuition from payroll for employees
Replies: 3
Views: 635

how to deduct tuition from payroll for employees

Is it possible to deduct tuition for daycare from employee payroll? We have 2 employees who also have children in our daycare. They have a reduced tuition for their child and would like to have the tuition deducted directly from their paychecks. Is this possible and what are the transactions to comp...
by Sandy
Wed Jun 11, 2014 10:50 am
Forum: Accounting
Topic: oob condition in payables
Replies: 2
Views: 528

Re: oob condition in payables

I understand that the credits and debits don't match the check total but that is always the case when you release restricted funds. I have not had that warning before when releasing restricted funds. I just want to be sure that this won't cause a problem later.
by Sandy
Sun Jun 08, 2014 9:20 am
Forum: Accounting
Topic: oob condition in payables
Replies: 2
Views: 528

oob condition in payables

I am trying to write a check for an asset that we have purchased with restricted funds. When I release the funds and click save I get a warning that debits and credits are out of balance with the invoice amount. Here are the transaction accts: credit checking 01-1110-000 $7470.20 Debit scrubber 01-1...