Search found 37 matches
- Thu Apr 04, 2024 8:27 pm
- Forum: Accounting
- Topic: Payroll Liabilities
- Replies: 5
- Views: 239
Re: Payroll Liabilities
Well, there are a couple of options based on my interpretation 1) If you use the 941 Calculation Report, does that give you partially information for what you need for filing the 941? This report's usefulness may depend on what efiling service you use for filing 941 (assuming you use such an efiling...
- Fri Mar 01, 2024 5:25 pm
- Forum: Contributions
- Topic: Contribution Date vs. Deposit Date
- Replies: 6
- Views: 4181
Re: Contribution Date vs. Deposit Date
I was in a similar situation a couple of months ago. the governing board wanted a report that helped them 'connect the dots' between all the contributions that came in, with the deposit amount reflected by the bank, against the income/expense report. Since not all amounts on the contribution report,...
- Sun Jan 14, 2024 8:51 pm
- Forum: Contributions
- Topic: Error Message in emailing statements
- Replies: 7
- Views: 7001
Re: Error Message in emailing statements
Do you use GMAIL for your email service, or some other similar email service, or is it self-hosted email server? We use Gmail, and before sending out the statements, you have to authorized powerchurch to use gmail using Gmail's authorization server. This sounds complicated, I know, but powerchurch m...
- Sat Jan 13, 2024 1:13 pm
- Forum: Contributions
- Topic: Indirect/Soft Gifts
- Replies: 10
- Views: 1700
Re: Indirect/Soft Gifts
I agree with everything Neil has said. One thing to point out, however, in the example provide about donations coming directly from the rretirement accounts / IRA trustee. In the USA, some donations directly from an IRA to a charitable organization could be considered a QCD, qualified charitable con...
- Sat Jan 13, 2024 10:18 am
- Forum: Accounting
- Topic: Help in preparing the quarterly Form 941
- Replies: 6
- Views: 2032
Re: Help in preparing the quarterly Form 941
One thing I just noticed is that, while I have Payroll Item Descriptions set up for Employer SSI and Employer Medicare, I don't actually use those items anywhere. I'm not sure how I would - do you think that's the problem? BJW I suspect this is the issue. If you have payroll item descriptions for E...
- Fri Jan 12, 2024 5:56 pm
- Forum: Accounting
- Topic: Help in preparing the quarterly Form 941
- Replies: 6
- Views: 2032
Re: Help in preparing the quarterly Form 941
I've used PC+ for over 15 years, Financial admin for 30, currently using version 14.4 Each quarter when I prepare the Form 941,I have to go in and update the monthly tax deposits that I make for withholdings. Is there a special transaction, or account, that I should use so that the monthly tax liab...
- Fri Jan 12, 2024 5:25 pm
- Forum: Contributions
- Topic: Contribution Date vs. Deposit Date
- Replies: 6
- Views: 4181
Re: Contribution Date vs. Deposit Date
I can only find one date for entering contributions, so I end up using the bank deposit date, so that it reconciles with the bank statement. Is there a way to enter the actual contribution date (when they donated online or the the Sunday they put the check in the offering), so that it matches a don...
- Wed Dec 20, 2023 10:09 am
- Forum: Accounting
- Topic: Credits for refunds on credit card statement
- Replies: 4
- Views: 4861
Re: Credits for refunds on credit card statement
I will mention that historically our church did not utilize the liability account method for credit cards. Instead, they used a singular AP entry to expense all the transactions to their appropriate expense accounts. The issue I had with this approach is that their old method did not indicate to WHO...
- Wed Dec 20, 2023 9:29 am
- Forum: Accounting
- Topic: Difference in checking balance between Check Register and prior Balance Sheet
- Replies: 2
- Views: 4204
Re: Difference in checking balance between Check Register and prior Balance Sheet
The fundamental difference in the Check Register and most other Fund Accounting report is that it selects data and calculates balances strictly by the transaction date, whereas all other Fund Accounting reports are based on the posting month. This means if you have a transaction dated January 31 wh...
- Tue Dec 19, 2023 9:55 pm
- Forum: Accounting
- Topic: Difference in checking balance between Check Register and prior Balance Sheet
- Replies: 2
- Views: 4204
Difference in checking balance between Check Register and prior Balance Sheet
Hi All, I was exploring different reports upon request from our board, and decided to look into the check register report. We only have one (1) checking account, but multiple accounting funds (yes, fun indeed). However, I noticed that if I ran the check register report for a month (e.g. Nov 2023), t...
- Mon Oct 02, 2023 10:57 pm
- Forum: Contributions
- Topic: Vanco Imports
- Replies: 8
- Views: 5607
Re: Vanco Imports
There is an open bug report/suggestion about this and I have added you to it. The issue - which I think turned that "bug" into a "suggestion" - is the donor doesn't have the ability to specify a designation on the Vanco side, so when modifying the imported contribution, the PowerChurch user would b...
- Thu Jul 13, 2023 7:38 pm
- Forum: Accounting
- Topic: Customizing a Balance Sheet Report
- Replies: 1
- Views: 4026
Re: Customizing a Balance Sheet Report
Well, I do not think there is a standard report that does this, and perhaps creating a custom report is possible, but may be more difficult. If it was me, I would simply use the standard 'balance sheet by month' report, for the months you desire. Then, save-as an excel file, then in excel manually d...
- Wed Jul 12, 2023 4:52 pm
- Forum: Accounting
- Topic: Corporate Payee Name on AP Cheques
- Replies: 3
- Views: 3203
Re: Corporate Payee Name on AP Cheques
Depending on the name of "Local Company", you could attempt to reassign the Vendor ID to a shorten name base of 5 digits I believe (maybe 6 is the limit). That way, when you search the vendor list, it may still show up as you type, yet the correct payee name would be present. Before making such a ch...
- Fri Jun 02, 2023 9:20 am
- Forum: Accounting
- Topic: electronic payments
- Replies: 3
- Views: 2987
Re: electronic payments
To record an electronic check / payment, you would enter the payment under the 'manual check' within accounts payable. This means, accounts payable, maintain manual checks, and then 'add'. The payee is the 'vendor' (if the payee is not a current vendor, you will have to add them as a new vendor firs...
- Mon May 08, 2023 9:00 pm
- Forum: Accounting
- Topic: Church disaffiliation/separation
- Replies: 3
- Views: 2700
Re: Church disaffiliation/separation
Our Church is going through the process as well, but we use PC+ desktop, not online. So, for us it is going to be a bit easier to implement the change because we use the desktop version. The real issue is one has to properly keep track of payroll tax data and deposits, plus W2's the following year. ...