User Support Forum

Should I have added an income account for each of my restricted accounts and worked from that one both in the contributions side and the accounting side?

In my chart of accounts I do not have an expense entry for benevolence or any other restricted account. When I enter the amount in the contributions side which benevolence account do I put the funds in? (I know I put it in the bank account then a restricted account I just do not know which one to ch...

Thanks for your help. So, when I record a transaction from a restricted account I do the following: 1. credit the bank account, 2. debit the restricted account EXPENSE #, 3. hit the release from restricted accounts button? Is that correct? (I wasn't sure that restricted accounts have "expense" #'s.)...

Thanks, that is what I thought. We have been trying to re do the books from Jan. When we make an entry for a restricted account we do not know which account number to use, ie income, asset, equity, account to take the money out of before we hit the release of funds button. Robert

I'm new to pc+ using 10.4 and I'm having problem releasing funds. The problem is that when I release the funds it shows that the total is more than the check by the amount of the restricted fund. Is this o.k.?