Thank you, Zorak, for your help and answering so promptly. I have another question that spurs from the original one.
When I set up expense accounts for each restricted fund, shall I have the expense account close to unrestricted net assets?
Thanks again.
Search found 2 matches
- Wed Apr 30, 2008 1:16 pm
- Forum: Accounting
- Topic: Donor Restricted Accounts
- Replies: 4
- Views: 2593
- Tue Apr 29, 2008 7:59 pm
- Forum: Accounting
- Topic: Donor Restricted Accounts
- Replies: 4
- Views: 2593
Donor Restricted Accounts
Hello. Thanks for this service. I am a new user of version 10. Here is my question regarding set-up of restricted accounts: For each donor restricted account, I have an equity, revenue, and release from restriction account (example 4840-104 is the release acct.) When I am recording a transaction to ...