I made the entry as per your example. I did not press the release button, since the accounts, except the exp accts, were already there. Do I need to pull each transaction up and reinput with the button?
Thanks.
Search found 6 matches
- Wed Jul 13, 2022 3:08 am
- Forum: Accounting
- Topic: Segregating designated and budget funds
- Replies: 8
- Views: 855
- Tue Jul 12, 2022 8:35 pm
- Forum: Accounting
- Topic: Segregating designated and budget funds
- Replies: 8
- Views: 855
Re: Segregating designated and budget funds
I don't know what I've done, but I'm hoping you can help. I made the changes in the set up and reversed / changed the entries to reflect the new expense gl account numbers. I ran a changes in equity report and it looks like, although it is not exact, the amounts reported are way lower than the actua...
- Sun Jul 10, 2022 9:49 pm
- Forum: Accounting
- Topic: Segregating designated and budget funds
- Replies: 8
- Views: 855
Re: Segregating designated and budget funds
Great. Thank you.
- Sun Jul 10, 2022 8:33 pm
- Forum: Accounting
- Topic: Segregating designated and budget funds
- Replies: 8
- Views: 855
Re: Segregating designated and budget funds
First, thank you for the help. I think I understand the process, but I need a clarification: In the Maintain List of Donor Restrictions window, I selected Youth, which is temporarily restricted. In the setup section, the Release account is 01-4854-118. Associated accounts are: 01-3254-118 Equity 01-...
- Sat Jul 09, 2022 10:30 pm
- Forum: Accounting
- Topic: Segregating designated and budget funds
- Replies: 8
- Views: 855
Segregating designated and budget funds
We recently installed Power Church to replace an excel spreadsheet. Everything is working well escept the designated funds are problematic in that there is no segregation of activity between budget funds and designated funds. In other words, for example, the church commonly receives gifts designated...
- Fri Jan 14, 2022 10:37 pm
- Forum: General Questions and Discussion
- Topic: Financial Auditor
- Replies: 4
- Views: 1754
Re: Financial Auditor
BrownTrout wrote: Is it appropriate for me, as a member of the church, Chairman of the Finance Committee, member of the Church Council and Financial Auditor of the church to have access to PowerChurch Plus for the sole purpose of printing out reports while doing an audit? If the audit referred to is...