User Support Forum

The building fund is an expense account in the budget. Our intent was to use the CD proceeds for the insurance deductible instead of using the budgeted funds but I am not sure how to properly do that or if I can do that.

We recently redeemed the full balance of a CD to pay for an insurance deductible for a new roof. We had the CD listed as an asset and we transferred to the general checking account as an asset. So, I credited the CD asset and Debited the General Checking Asset. That worked fine but now I am a little...