User Support Forum

Ok, here is the scenario. We have a Columbarium Garden (cremation cemetary). We sell the niche (a place in a wall for ashes) for $750.00. When the money is received, we will be crediting unrestricted income for $625 and debiting cash. We will credit restricted income that closes to the restricted eq...

I think I was so nervous about posting my first question on the board that I said release when actually I did debit the liability account and credit the equity account. My balances are correct. I am a little scared of the whole behind the scenes release process and was afraid that since the funds we...

In our Designated benevolences Fund, we had set up reserve accounts to hold temporarily restricted funds in prior versions. At the end of the year I "closed" the income and expense accounts to their associated liability account. In version 9, these liability accounts can now be set up as restricted ...