Search found 2 matches

by karenee
Fri Aug 12, 2005 5:36 pm
Forum: Accounting
Topic: Credits & Debits-I'm sooo confused
Replies: 3
Views: 2832

Credits/debits

It should be. But the powerchurch manual doesn't say much about "Accounting concept". I've been told if you want to credit an account you have to put it in as a debit, etc. I just want everything going in and coming out of the right place. I just a little confused about it.
by karenee
Fri Aug 12, 2005 4:08 pm
Forum: Accounting
Topic: Credits & Debits-I'm sooo confused
Replies: 3
Views: 2832

Credits & Debits-I'm sooo confused

I don't know where to start. I'm confused about entering new transactions. Our bank statement has EFT's and online $ transfers to our building fund money market account (01-1220) which is an asset. When we do a bank transfer from our default bank acct. (01-1110) or an electric fund transfer, which a...