Search found 3 matches

by FaithSpicer
Fri Nov 19, 2010 3:03 pm
Forum: Accounting
Topic: Temporarily Restricted money in a liability fund
Replies: 1
Views: 705

Temporarily Restricted money in a liability fund

We currently have our accounting set up in a rather cumbersome way. I would like to change this to properly use PowerChurch ability to make the transactions I need to for receiving and using temporarily restricted and pass through donations. Here is how things are currently set up: When a donation i...
by FaithSpicer
Fri Apr 11, 2008 7:21 pm
Forum: Accounting
Topic: Closing a month
Replies: 3
Views: 2412

So if I simply change the working month to the one I'm working on, everything should be fine and I can leave a month open until I'm certain I have no more transactions for that month. Is this correct?
Thanks!
by FaithSpicer
Fri Apr 11, 2008 5:27 pm
Forum: Accounting
Topic: Closing a month
Replies: 3
Views: 2412

Closing a month

New to Power Church. The person who did this before me told me I needed to close a month before I could enter anything in another month, or all of my reports would be incorrect. She said that while you can have several months open, all of the data will be included in your reports and they won't bala...