Search found 6 matches

by tleverly
Thu Oct 18, 2007 7:58 pm
Forum: Accounting
Topic: asset reversal
Replies: 1
Views: 1879

asset reversal

We had an audit and the auditor suggested that the items I had entered as assets ie. computer, sound equiptment etc. need to be moved and expensed out. What is your advise as to the easiest way to take a $1500.00 asset (computer) and move it to the expense side. I had not depreciated anything as of ...
by tleverly
Tue Apr 10, 2007 6:34 pm
Forum: Accounting
Topic: posting question
Replies: 1
Views: 2079

posting question

We have closed out a CD which had an account number and we wish to deposit into our checking account and have the total amount go into our building fund. What would be the best way to make this happen? I have tried a couple things but can't get everything to balance :cry:
Thanks, Todd :?:
by tleverly
Fri Feb 09, 2007 8:52 pm
Forum: Accounting
Topic: FSA end of the year forfieture
Replies: 1
Views: 2123

FSA end of the year forfieture

Our pastor has a flexible spending account. Money is deducted out of each pay (twice monthly) into a liability account labeled fsa withheld. I credit the liability account thru payroll and when I disperse fsa funds back to the pastor I debit the liability account. I think all this is correct but my ...
by tleverly
Mon Jan 30, 2006 3:20 pm
Forum: General Questions and Discussion
Topic: can't open emailed reports
Replies: 3
Views: 3723

can't open emailed reports

I have the PowerChurch installed onto a laptop computer and when I need to print any created report I simply email it to my desktop. I can then print the pdf file from there. I have been doing it this way for about 8 months with no problem. Just recently I have encountered problems spuratically wher...
by tleverly
Thu Oct 13, 2005 9:14 pm
Forum: Accounting
Topic: Posting problem
Replies: 2
Views: 2080

Posting problem

I am trying to post a $400.00 payment for General Liability Insurance that we purchased before we started meeting at a new rented facility. Where exactly do I post this. I originally posted it under insurance 01-5910-000 which shows up as vehicle insurance. I am a novice at this please help.
by tleverly
Tue Apr 12, 2005 7:19 pm
Forum: Accounting
Topic: Asset balance
Replies: 1
Views: 1787

Asset balance

I believe I made this error while running the Accounting set up. I stated that we had a sound system valued at $1700.00 . I then entered same sound system when doing monthly postings. Everything is correct when looking at the monthly account activity EXCEPT the value for the sound system is now doub...