Now I see how it should be done. Thanks for the help.
Not exactly sure why she was doing it that way!
Search found 2 matches
- Fri Jan 04, 2019 12:30 pm
- Forum: Accounting
- Topic: Expense when pay with money moved from savings
- Replies: 2
- Views: 800
- Fri Jan 04, 2019 10:39 am
- Forum: Accounting
- Topic: Expense when pay with money moved from savings
- Replies: 2
- Views: 800
Expense when pay with money moved from savings
The treasurer has me move money from savings to checking from a temporarily restricted account as follows: 01-1110 DB Checking 01-1210 CR Savings 01-1210-013 DB She calls Fund Clearance Savings 01-1210-037 CR She has the name of the Savings we are taking it from. The when we pay the bill she expense...