Search found 6 matches
- Mon Apr 16, 2018 11:17 pm
- Forum: Accounting
- Topic: Fund in a MoneyMarket w/ chkg flowthrough
- Replies: 6
- Views: 838
Re: Fund in a MoneyMarket w/ chkg flowthrough
Thank you, you answered my questions, and repeated some answers that I didn't quite get the first time you said it. Yes, Powerchurch loaded our data from quickbooks, and we had them set the funds up for us (thank goodness, well worth every penny!!) I did use a different thread with slightly differen...
- Mon Apr 16, 2018 10:04 pm
- Forum: Accounting
- Topic: Fund in a MoneyMarket w/ chkg flowthrough
- Replies: 6
- Views: 838
Re: Fund in a MoneyMarket w/ chkg flowthrough
Hmmm, ...remember I have 15 other funds that comprise money held in two (yes two) Money Market funds. Snip. One is a facilities fund that pays for everything building except for maybe a nut and bolt, for example. Don't money markets have limits on how much check writing you can do from them? That is...
- Mon Apr 16, 2018 6:36 pm
- Forum: Accounting
- Topic: Fund in a MoneyMarket w/ chkg flowthrough
- Replies: 6
- Views: 838
Re: Fund in a MoneyMarket w/ chkg flowthrough
Yes, the organ fund is ONLY for organ related items: expenses and income. Tuning the organ gets paid from the Organ memorial fund held in the separate Money Market account. We pay such items from the checking account then it is reimbursed by EFT transfer from the actual Moneymarket account at the th...
- Sun Apr 15, 2018 11:17 pm
- Forum: Accounting
- Topic: Fund in a MoneyMarket w/ chkg flowthrough
- Replies: 6
- Views: 838
Fund in a MoneyMarket w/ chkg flowthrough
Ok, I'm ready to tackle my multiple fund mess - one at a time. We have an organ fund that is kept in a separate money market account. The checking used for church operations works as a flow through for this. So there is income from contributions specifically for the organ fund. Then there are expens...
- Sun Apr 15, 2018 8:36 pm
- Forum: Accounting
- Topic: Ongoing Fundraiser Net Income
- Replies: 2
- Views: 514
Re: Ongoing Fundraiser Net Income
Well of course, it is an asset, then this all makes total sense, thank you. Yes, your explanation and sample are perfect, I can set this up correctly now. I'll be chipping away at the rest of the elephant one piece at a time - thank you so much.
- Sat Apr 14, 2018 7:30 pm
- Forum: Accounting
- Topic: Ongoing Fundraiser Net Income
- Replies: 2
- Views: 514
Ongoing Fundraiser Net Income
Hi, My treasurer would like to see only the net amount of an ongoing fundraiser: we buy gift cards at a (small) discount, and then parishioners buy them at full price. On the normal Income and expense report, the income shows up first and then the expense is far separated later in the report. It loo...