Search found 2 matches
- Fri Jan 12, 2018 7:39 pm
- Forum: Accounting
- Topic: Balance Sheet is out of balance
- Replies: 1
- Views: 496
Balance Sheet is out of balance
I have been using PowerChurch 11.1, or its earlier versions, since 2009. After all this time of producing reports quarterly, we are noticing that the Balance Sheet has never been in balance. The Total Assets is $1434.15 MORE than the Total Liabilities and Equity. We have no idea how this happened. M...
- Wed Jan 21, 2009 6:42 pm
- Forum: Accounting
- Topic: entering year end accumulating depreciation
- Replies: 1
- Views: 914
entering year end accumulating depreciation
I'm using PowerChurch 10. How do I make a year end entry to show accumulated depreciation for a vehicle and buildings. In the chart of accounts there is account 1699 - accumulated depreciation of buildings and account 1799 - accumulated depreciation vehicles. The amounts to depreciate for the year a...