User Support Forum

Okay, I see that problem. However, there is still the problem that the entire deposit of $8767.40 should be hitting the Money Market account, but only part of it is. With the different funds of 01, 20, and 05, how do I make that happen as a balanced transaction and still hit the correct bank accoun...

Here is an example of what is happening - we have a deposit of $8767.40. The breakdown is as follows: General Fund $8192.15 Bible Study Curriculum $16.00 Youth Fund (designated) $59.25 Youth Missions Fund (designated) $400.00 Debt Elimination Fund (designated) $100.00 The transaction to Fund Accoun...

I'm trying to figure out what contribution transactions should look like on the Fund Accounting side. We recently just began posting our contributions to Fund Accounting and I want to make sure our accounts are set up correctly and are appearing in the correct account for reconciling. For more info,...

Yes that's correct, however, it's been carrying a CREDIT balance. I'm guessing way WAY back there was a credit of some sort that wasn't accounted for, and since the bookkeeper was paying only new purchases, she was always paying MORE than what the bill was. I sincerely apologize, going back over my...

Maybe. The statement is showing 5817.02, you're debiting the liability account for 6654.61. I suspect that there are purchases showing in the liability account that are not on the credit card statement as they occurred after the closing date of the statement. You should do this: 1. Use the statemen...

Revisiting this....this transaction is not balancing. What I'm understanding in your message is to do the following transaction: Invoice amount $$5817.02 (new balance from statement) CR 01-1110 Checking $5817.02 (statement balance) DB 01-2015 Credit card liability $6654.61 (new purchases) DB Expens...

Last month we had two employees that were paid at the incorrect rate. Because it wasn't caught until they had deposited their checks, we decided we would make an adjustment this month. What is the best way to do that? One was overpaid, one was underpaid. Make the adjustment in the VERIFY PAYROLL sc...

Last month we had two employees that were paid at the incorrect rate. Because it wasn't caught until they had deposited their checks, we decided we would make an adjustment this month. What is the best way to do that? One was overpaid, one was underpaid. Make the adjustment in the VERIFY PAYROLL sc...

Got it. So my mistake is obviously using the credit card balance for the reconciliation rather than what we actually spent. So once I change that and it balances, the discrepancy is recorded when I enter the invoice in A/P. That all makes more sense - thank you! I would definitely add as much infor...

Last month we had two employees that were paid at the incorrect rate. Because it wasn't caught until they had deposited their checks, we decided we would make an adjustment this month. What is the best way to do that? One was overpaid, one was underpaid.

Couple questions about how the contributions module should be set up. We were previously not posting our contribution entries to Fund Accounting and would just create a transaction each week. We have now changed the process and are posting to Fund Accounting. However, I noticed that all the Contribu...

Got it. So my mistake is obviously using the credit card balance for the reconciliation rather than what we actually spent. So once I change that and it balances, the discrepancy is recorded when I enter the invoice in A/P. That all makes more sense - thank you! I would definitely add as much infor...

I just set up the credit card payable account so I can reconcile the bill. However, for some reason our previous bookkeeper was not paying the new balance each month, but only paying the new purchases. This goes back many many months, so we just want to put that difference in the General Fund and b...

I just set up the credit card payable account so I can reconcile the bill. However, for some reason our previous bookkeeper was not paying the new balance each month, but only paying the new purchases. This goes back many many months, so we just want to put that difference in the General Fund and be...

We are trying to figure out what's best for online giving for the first time... Does anyone use or has tried Tithe.ly? If so, what was your experience with it interfacing with PowerChurch? We have less than 30 donors each week so manual entry would not be a problem but using a CSV file may or may n...