Search found 9 matches

by jalabuda
Sat Apr 04, 2009 12:26 am
Forum: Accounting
Topic: Transfers from Trust funds to Operating Funds
Replies: 2
Views: 1185

John:

Thank you, this would eliminate the acccounting for the duplication of interest income.

John Labuda
by jalabuda
Thu Apr 02, 2009 9:19 am
Forum: Accounting
Topic: Deleting Sample Accounts from the Chart of Accounts
Replies: 4
Views: 2175

Sample Accounts

Thank you for your responses. The issue is we are a Canadian Church and the Sample accounts are the Payroll accounts based in US deductions. The system will not let me delete these accounts. We have a diocese provide Payroll Services for us. Is there something in the setup that we can modify and Res...
by jalabuda
Tue Mar 31, 2009 5:23 pm
Forum: Accounting
Topic: Deleting Sample Accounts from the Chart of Accounts
Replies: 4
Views: 2175

Deleting Sample Accounts from the Chart of Accounts

We have some Sample Accounts that we do not want in our NEW chart of accounts? Can we delete them?
by jalabuda
Tue Mar 31, 2009 5:22 pm
Forum: Accounting
Topic: Transfers from Trust funds to Operating Funds
Replies: 2
Views: 1185

Transfers from Trust funds to Operating Funds

We have several Funds including a Trust Fund. The earnings from the Trust fund are transferred to the Operating Fund. Should we treat the Trust Fund transfers as "Income from Trust Fund" in the Operating Fund? Would this be a 9000 series account? Should we then treat the Trust Fund Transfers as "Tra...
by jalabuda
Mon Mar 16, 2009 11:07 am
Forum: Accounting
Topic: Checking Accounts - sub accounts
Replies: 4
Views: 1549

By setting up Sub accounts on the checking account, would bank account reconciliation be more difficult? or Can one print out all transcations in the Main 4 digit account to see all the disbursements and deposits?
by jalabuda
Mon Mar 16, 2009 10:43 am
Forum: Accounting
Topic: Checking Accounts - sub accounts
Replies: 4
Views: 1549

Excleent! This will make our accounting much easier.
by jalabuda
Mon Mar 16, 2009 9:19 am
Forum: Accounting
Topic: Checking Accounts - sub accounts
Replies: 4
Views: 1549

Checking Accounts - sub accounts

We like to track funds directed to various operating expenses: 1. Alter guild 2. Flowers 3. Music etc. Can we set up our Checking account with Sub Accounts? 01-1100-001 - General Funds 01-1100-002 - Alter Guild 01-1110-003 - Flower 01-1100-004 - Music Is there a better approach to tracking "directed...
by jalabuda
Mon Mar 16, 2009 9:06 am
Forum: Accounting
Topic: Posting transactions between funds
Replies: 2
Views: 1257

Thank you! Will set up our accounts as suggested.
by jalabuda
Thu Mar 12, 2009 2:43 pm
Forum: Accounting
Topic: Posting transactions between funds
Replies: 2
Views: 1257

Posting transactions between funds

We are setting up our Chart of Accounts with the PowerChurch software and want to take advantage of the Fund accounting ability. We have only one checking account bewteen our Operating Fund and our Outreach Fund. When we receive contributions for the Outreach Fund, using the Contributions module int...