User Support Forum

The church recently refinanced the mortgage. They did not intend to receive cash back at the closing but that is what happened (direct deposit into the church account). The pastor does not want to show the money as income. What is the best way to record this? Thanks.

Sheilah
Powerchurch Online

Thanks Neil. So thankful for your knowledge and willingness to help others.

Thanks so much Neil. Great information as always. Everything seemed to work fine until....I ran my W2's for 2022. I think I made a mistake prior to asking for help and I have no idea how to correct it. I created a Tax Type for FAMLI and chose State Tax. Did I need to do that? As you can guess, it is...

In the state of Colorado we are required to begin doing a FAMLI deduction in January 2023 (it's a family leave program). It says that these deductions need to be reported in box 14 of the W2. I cannot seem to figure out how to set this up so it will report in this box. I currently have it set up as ...

We have not been tracking land assets, however, they would like to start with this purchase and I also need to add the existing property in as well. Sorry, should have been more detailed in my first question.

Sheilah

The church made a down payment on land in April and paid cash for the remaining balance on the property in May. I am unsure how to enter this correctly.

Thanks.
Sheilah
PC Online