User Support Forum

I issued a check, credited the checking, debited the expense account, debited the release restricted amount and credited the 4999 release from restriction account. Now, cash is being returned to be deposited. It is not really a contribution, more of a reimbursement of unused funds. What should the j...

Here is the dilemma: I wrote a check from fund 01 for the building fund (04) the end of June. When I restarted the accounting system in July, I entered the check as an uncleared transaction in fund 01 but did not remember to include the deposit as an uncleared transaction in fund 04. The $1367.00 Ju...

Thank You!

Thank you! The money is being given to fund 02 and not expected to be repaid. Showing me a typical transaction helps!

I have to refund a donation. Can I write the check and credit the checking and debit the income account? It seems this will not show up on the contribution statement at the end of the year. They gave the money and we deposited it. We need to return the donation to them.

Any advice?

Eileen

I need to write a check from our general fund (01) to be deposited to our building fund(02). Should the transaction look like this: 01-1110 Check credit $1,367.00 01-2301 Buildfund debit $1,367.00 01-9020 "Transfer to Fund 02" credit 1,367.00 02-1210 "Building fund" debit $1,367.00 Or is there some ...

Louis;
Have you figured out how to solve this problem? I am having the same difficulty.

Eileen