User Support Forum

18th November 08 Reference my earlier topic sent on 17th November, this morning I tried a different approach to clear the carried forward liability balances from the Balance Sheet. When making payments to Canada Revenue Agency (for taxes etc) and the head office (for group insurance etc) for the mon...

17th November. 08 I managed to set up the payroll system starting from November 2008. However, from the previous set up (which was wrongly done) the following amounts appears in the Balance Sheet which needs to be cleared to " ZERO " so the payroll for December onwards will reflect true figures on t...

23rd September 08 I would like to know if it is possible to group certain " Expense Accounts " and have a Sub Total for example: GROUP HEADING " 4491 No 5 ROAD HOME " A/C 000-5646-000 W & S for No 5 Road A/C 000-5741-000 Repairs for No 5 Road A/C 000-5925-000 Insurance for No 5 Road A/C 0005649-000 ...

23rd August 08 This is the first time I am trying to do reconcilliation using the Fund Accounting Module. However the transactions shown for reconcilliation goes back to entries from 2006, 2007 & 2008. This is perhaps because nobody used this feature to do reconcilliation. Is there a better way for ...

21st August 2008 In 2007 a real estate agent was taking care on behalf of the church to rent out one of the properties from 1st Dec 06 to 30th Nov 07. The agent did not pay the final November 2007 rent namely $ 1750.00 and the books for 2007 are now closed. However, on 16th January 2008 the real est...

2nd August, 08


Matt,


Thank you very much.

Regards

Osvaldo

3rd August 08

Thank you Matt for your feedback.

Regards

Osvaldo

2nd August 2008 Thanks for the reply. Please let me know if the following entries are correct. a) Create a new ASSET (under EQUIPMENT) say 01-1841-000 LAPTOP b) Create a new DEPRECIATION (under OTHER EXPENSES) say 01-5512-000 LAPTOP DEPRECIATION PROCESS PURCHASE OF LAPTOP ENTRY AS FOLLOWS : CREDIT M...

2nd August 08 Thanks for your advice. Please let me know if the following steps are correct: a) Create a new account under ' LONG TERM LIABILITIES ' say 2600 LOAN FOR ROOF REPAIRS b) Create a new account under " GENERAL EXPENSES " say 5591 INTEREST ON LOAN FOR ROOF c) Create a new account under ' GE...

31st July 08

We have purchased a New Laptop for the church.

Is there a special way of processing this transaction for depreciation etc etc.

Osvaldo De Souza

30th July, 08 I would like some advice how to handle the transaction pertaining to loan advance received for replacing the roof with repayment of $ 400.00 monthly basis for a period of 16 months. Should I open a seperate Chart of Account for this particular transaction? The amount loaned is being de...

20th July, 08 Dear Neil, I did the following steps on budgeting and when I look at the Annual Budget Worksheet report or Monthly Budget report, I do not see the figures that I budgeted the respective accounts. ACCOUNTING/FUND ACCOUNTING/MAINTAIN CHART OF ACCOUNTS Changed Account Number example 4020-...

20th July, 08,

Thanks Neil for your advice.

I have now removed my e-mail address.

Regards

Osvaldo

19th July, 08 I need some help on doing Budgeting. From the Module ACCOUNTING/FUND ACCOUNTING/REPORTS and ANNUAL BUDGET WORKSHEET, I saved this on Excel Spreadsheet file. After entering the budget figures and saving this as a new file in Excel, how do I retrieve this file in the Accounting Module to...

19th July, 08 I am not sure whether this is possible or not. There are various topics on 1) " Reconciling Bank Account " or " Bank Reconcilliation " and also on 2) " PAYROLL " etc etc Is it possible to put all these which related to same subject into one folder for example 1 into folder ' BANK RECON...