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Great idea - church law and tax report even has one!!

http://www.facebook.com/ChurchLawandTaxReport

What is the best way to record funds received from the sale of assets - the proceeds will be going to another 501(c)3. I did it as a pass thru but I'm wondering if it would be better as a restricted account so the non-deductible amounts (because of goods received) received will show up in the final ...

Have you tried using the "Cash Management Report" ? You can even exlude some accounts by unchecking the box "Include in Cash Management Report" under the Maintain Chart of Accounts. We have a security deposit being held by the power company which is considered an asset, but isn't actually in the che...

There's an "Account close to report" under "Reports - Fund Accounting"

I didn't know you could record payments to the IRS for payroll taxes withheld from employees within the Payroll Module either. I can verify the info by running an account activity report for federal withholding.

I haven't had any problems doing it this way. Is this a problem?

I think you need another expense acct. tied to the Benevolence Fund Acct.
(ex: 01-5502 Benevolence (Unbudgeted Funds)

I just use "Enter Transactions" from Fund Accting. In Ref./check no. box, I enter EFTPS and for the Transaction descrip., I enter IRS Dept of Treasury. For the Line Description, I enter ____ Qtr. Payroll Taxes. I always print the confirmation page from the IRS site after paying and keep it along wit...

When I made a mistake like that last week with one check, I went into "Maintain Computer Generated Checks" under Accts Payable (It wasn't sent to Fund Accting yet), and deleted the check and was then able to re-do it. That's better than having to void them all.

For the account 3210-101 Temporarily Restricted Flower Fund is the "Include in Cash Management" box checked? I have a fund set up in Contributions -- 101 Flower Fund. It is set up with a debit (bank) account of 1110-101 and a credit (income) account of 4210-101, with 100% in the "The above fund is t...

I would also like to be included.

Under Accounts Payable > Reports > Selected Paid Items > Put in the amount from and to

I believe 01-1110 is an asset account. You would need to set up an account under income for the missions and give it a sub account if you wish.

The way I did it: I set up an expense account for PayPal Fees. When PP funds were received, I entered them thru Contributions for the full amount. I then posted them with the option of updating Fund Accting. They were sent them to Fund Accting, and I then went in to "Modify Unposted Transactions" an...

Maybe because you are using an older version.
If you go to "search" on the left side of PowerChurch page you can put in your version, OS, then "Contributions" and check the article called Using "Sub-Accounts to Track Designated Gifts".

Example of money coming in from contributions: 01-1110-000 checking (debit) 200.00 01-2400-000 pass thru (credit) 200.00 You can enter thru contributions with the above example - you just need to go to "Maintain List of Contributions" and set up one with your title (ex: Kathleen Mallory Offering).