Search found 4 matches

by jadamwilson
Mon Jul 06, 2020 6:57 pm
Forum: Accounting
Topic: How to set aside money for things like continuing education?
Replies: 3
Views: 50

Re: How to set aside money for things like continuing education?

I would be happy to just include it as a line item on his check, I have tried looking online, and I cannot find an IRS guideline to tell me if we can offer cont. ed. as a benefit without receipts. Because we think we have to require receipts, it doesn't get paid out monthly like salary, instead it t...
by jadamwilson
Mon Jul 06, 2020 4:39 pm
Forum: Accounting
Topic: How to set aside money for things like continuing education?
Replies: 3
Views: 50

How to set aside money for things like continuing education?

We offer some benefits like continuing education for an amount each year.

If I wanted to setup an account and put 1/12 of the yearly amount into the account, would I just need to setup a restricted account, or is that better handles as a liability like the taxes?
by jadamwilson
Sun Jan 26, 2020 4:01 pm
Forum: Custom Reports
Topic: Forecasting report
Replies: 0
Views: 204

Forecasting report

It seems there isn't a way to currently forecast cash flow built into powerchurch. https://www.powerchurch.com/forum/viewtopic.php?f=3&t=13887 We are a church without a ton of resources, and occasionally we need to know what the month is going to look like to better determine which bills we will pay...
by jadamwilson
Sun Jan 26, 2020 2:59 pm
Forum: Accounting
Topic: Is it possible to Forecast?
Replies: 1
Views: 126

Is it possible to Forecast?

Is there a way to have PC show me what the balance of an account is going to be based upon the expected income and bills for a month (or more)? We are a church without a ton of resources, and occasionally we need to know what the month is going to look like to better determine which bills we will pa...