User Support Forum

Thank you both so much. This is what have done. Let me know if you agree. I set the contributions to go thru as a pass thru set up in individual liabilty accounts named Home Missions and Foreign Missisions. Each month we send a flat amount to Home Missions and Foreign Missions I clear the liability ...

I am new to church accounting so I am stugling with some of the idiosyncrasies . I noticed the chart of accounts came preloaded with Missions A, Missions B & Missions C why? When a contribution comes in for foreign missions do you consider that a income or a (payable) liability? Thanks for the help....