Search found 4 matches
- Wed Mar 02, 2005 5:28 pm
- Forum: Accounting
- Topic: Starting a fund
- Replies: 0
- Views: 1998
Starting a fund
I want to start a youth fund and have deposited $90.00 in my gen. fund. I want to take that $90.00 and start the youth fund. How do I do this? Also, funds with the fund numbers are already in the computer; can I just change the name of a fund I don't use and leave the number (there are no transactio...
- Tue Jul 20, 2004 8:55 pm
- Forum: Accounting
- Topic: Setting up a Beginning Fund Balance
- Replies: 1
- Views: 2401
Setting up a Beginning Fund Balance
I have all the money in the Gen. Fund. I want to start a Bldg. Fund. I want to transfer x amount of dollars from Gen. Fund to Bldg. Fund to start this fund off. I must start with a beginning fund balance right? How do I do the transaction to start a beginning fund bal., and then how do I transfer fu...
- Tue Jul 20, 2004 5:13 pm
- Forum: Accounting
- Topic: Setting up a New Fund
- Replies: 4
- Views: 3839
Thanks Randy for replying to my question. I know how much I want to transfer from my Gen. fund into my new fund. The book says I have to have a starting fund balance. Do I do that first and how do I enter that? Then, how do I transfer my money from Gen. fund to the new fund. I tried doing it the way...
- Tue Jul 20, 2004 1:33 pm
- Forum: Accounting
- Topic: Setting up a New Fund
- Replies: 4
- Views: 3839
Setting up a New Fund
I am not good at accounting, although I've had some in college. I need to know how to set up a new fund with a beginning balance, and also how to transfer money out of the Gen. Fund into this new fund. Can you give me step by step?
Thanks, Sherry
Thanks, Sherry