Search found 9427 matches

by NeilZ
Sat Jan 09, 2021 1:11 pm
Forum: Accounting
Topic: Multiple expense accounts for 1 vendor
Replies: 6
Views: 118

Re: Multiple expense accounts for 1 vendor

Would I then have to enter each of the account numbers manually each time so they show on the check? I have 2 vendors that I do this with monthly and work on a volunteer basis so I'm trying to set things up to be quick and easy. In actuality, its a quick lookup on the Enter Invoice form. With the c...
by NeilZ
Sat Jan 09, 2021 1:59 am
Forum: Accounting
Topic: Multiple expense accounts for 1 vendor
Replies: 6
Views: 118

Re: Multiple expense accounts for 1 vendor

Hi, I'm new to Power Church this year and am still in the process of setting everything up. My church pays the electric and gas bill for the church and for the parsonage and those bills come at the same time. We do keep separate expense tabs on the parsonage and the church so I'm trying to figure o...
by NeilZ
Fri Jan 08, 2021 4:36 pm
Forum: Accounting
Topic: Getting Up to Speed
Replies: 16
Views: 189

Re: Getting Up to Speed

Much appreciated! Honestly, I'm finding I don't know as much as I thought I did with terms and whatnot, so I'll absolutely be using it. With that, is there an Setting Up Accounting for Dummies? I think I need either that or someone walking me through the setup process to make sure we're in a good p...
by NeilZ
Fri Jan 08, 2021 1:05 pm
Forum: Accounting
Topic: 1099-NEC Forms vs 1099-MISC Forms
Replies: 4
Views: 138

Re: 1099-NEC Forms vs 1099-MISC Forms

Hi, I have the update but get this when i click to print the alignment page for the 1099-nec forms: "The requested report is not setup. Not initializing Adjustment Class". It won't let me print the forms, either, although the forms are generated. I get: Error (12.2020.3651) Program: FRMAP1099.PRINT...
by NeilZ
Fri Jan 08, 2021 3:12 am
Forum: Maintenance Releases
Topic: Version 12 - 12/9/2020 Maintenance Release
Replies: 3
Views: 82

Re: Version 12 - 12/9/2020 Maintenance Release

Is the new and updated 1099 forms IRS approved and are we now are able to print on plain paper? Thank you! Powerchurch would not release any updates to IRS forms unless they were IRS approved, however, I'm not sure the IRS has approved printing any 1096/1099 series forms to plain paper. Compatible ...
by NeilZ
Thu Jan 07, 2021 5:04 pm
Forum: PowerChurch Online
Topic: unrecognized printers
Replies: 2
Views: 177

Re: unrecognized printers

I'm preparing to print statements. Today when I go to print-setup to chose which printer I want to send them to in our office (on our internal wifi network), there appears to be at least 16 printers available -- but none of them are printers in our office (except for Foxit). Should I be alarmed? Wh...
by NeilZ
Thu Jan 07, 2021 5:02 pm
Forum: Accounting
Topic: GST rebate asset
Replies: 5
Views: 43

Re: GST rebate asset

neac wrote:
Thu Jan 07, 2021 4:29 pm
We only have one bank account.
In that case ... I would definitely consider moving the restricted to the one fund as you can then handle all that under Operating without having to worry about this in future.
by NeilZ
Thu Jan 07, 2021 1:37 pm
Forum: Accounting
Topic: investment tracking and withdrawals
Replies: 19
Views: 198

Re: investment tracking and withdrawals

Finally getting around to doing this, :oops: after moving the funds from 01 and 02 to the newly created 03 Investment Fund, how would I "correct" the amount that is in the fund? The amount that is showing in PowerChurch does not accurately reflect the amount that is currently in the investment. Tha...
by NeilZ
Thu Jan 07, 2021 1:32 pm
Forum: Accounting
Topic: GST rebate asset
Replies: 5
Views: 43

Re: GST rebate asset

Thanks Neil, looks like I may be writing up a SOP for how to transfer the funds and enter the rebates into PC. In terms of how the rebate works: for every expense where GST was paid, we enter the full amount of GST paid and PowerChurch is set up to automatically take 50% of the amount entered and d...
by NeilZ
Wed Jan 06, 2021 4:24 pm
Forum: Accounting
Topic: GST rebate asset
Replies: 5
Views: 43

Re: GST rebate asset

In powerchurch, we have 2 funds: 01-General and 02-Designated The designated funds are funds are marked for specific use, such as building/capital projects and missions. Inside both funds, we have an asset: GST rebate. Where we are in Canada, we can reclaim 50% of the GST on expenses from the gover...
by NeilZ
Tue Jan 05, 2021 11:47 pm
Forum: Accounting
Topic: Loan Setup
Replies: 3
Views: 43

Re: Loan Setup

The loan was taken out to pay off our mortgage, so a portion of it paid off our mortgage and the remainder is sitting in a restricted savings line item and we are saving it for building improvement projects or for other facility emergencies. It is not secured like a mortgage, though. Unfortunately,...
by NeilZ
Tue Jan 05, 2021 2:25 pm
Forum: Accounting
Topic: Bank Reconciliation and Deferred Revenue
Replies: 2
Views: 50

Re: Bank Reconciliation and Deferred Revenue

We have a tenant who wants to pay their rent in advance. My understanding is that I would debit Cash and credit Deferred Revenue. However on the Bank Reconciliation the Cash entry show up but the Deferred Revenue side of the entry does not. How do I reconcile the bank statement in this case? I'm as...
by NeilZ
Tue Jan 05, 2021 5:47 am
Forum: Accounting
Topic: Loan Setup
Replies: 3
Views: 43

Re: Loan Setup

Hi, We have had a loan for some time that we have not set up as a loan in PowerChurch. Currently we have it as an Expense line item and we put the payment in the budget as a line item, the monthly payment x 12 is the annual budget. I'd like to fix it for 2021 to show the loan balance on the Balance...
by NeilZ
Mon Jan 04, 2021 3:28 pm
Forum: Accounting
Topic: 2020 W-3
Replies: 1
Views: 45

Re: 2020 W-3

Hello! I noticed that when I created W-2s/3 that the "Kind of Employer" self selected to "None Apply" causing me to revise to "501c non-govt." Is there a PowerChurch setting that I should be utilizing so that it populates correctly? Thank you! Marie There is no setting for this, its a drop-down sel...
by NeilZ
Mon Jan 04, 2021 3:17 pm
Forum: Contributions
Topic: Deceased member printing on year end statement
Replies: 1
Views: 58

Re: Deceased member printing on year end statement

Hi, I printed year end statements and unchecked the box so that deceased members should not show up. All of them did. I double checked the membership to make sure they were marked deceased. In contributions the names show up and it won't let me delete them in there. How can I get these names off? I...