Search found 68 matches

by neac
Wed Jun 24, 2020 9:34 pm
Forum: Accounting
Topic: investment tracking and withdrawals
Replies: 22
Views: 2728

Re: investment tracking and withdrawals

Could i just move the amount that's in the designated fund into the general fund?

honestly, there's so many little things that I think are probably wrong, it might just be easier for me to restart our books altogether but do it properly
by neac
Wed Jun 24, 2020 4:00 pm
Forum: Accounting
Topic: investment tracking and withdrawals
Replies: 22
Views: 2728

Re: investment tracking and withdrawals

Yes, there are amounts in the designated fund.
by neac
Wed Jun 24, 2020 8:57 am
Forum: Accounting
Topic: investment tracking and withdrawals
Replies: 22
Views: 2728

Re: investment tracking and withdrawals

I knew enough not to enter it as a contribution, what I did was make a GE crediting the investment and debiting our bank account. No, the investment is not in a different accounting fund. We have two accounting funds: 1. General fund 2. Designated fund Not only that, within both of these funds, the ...
by neac
Tue Jun 23, 2020 10:12 pm
Forum: Accounting
Topic: investment tracking and withdrawals
Replies: 22
Views: 2728

investment tracking and withdrawals

I want to get some advice on how I should handle an investment that the church has. It is held by a third party, and we make withdrawals from them. When we make a withdrawal, how should I enter it into powerchurch? Should it be entered as a contribution? If I don't enter it as a contribution, it won...
by neac
Wed Jun 17, 2020 10:05 pm
Forum: Contributions
Topic: bank reconciliation problem
Replies: 1
Views: 652

bank reconciliation problem

Hi, I have a problem with a bank reconciliation that i don't know how to resolve. last month, our bank statement cutoff was May 29. We had 2 contributions made via debit on May 29, both deposited into the account on the same day. One of these debit contributions was lumped in with other contribution...
by neac
Fri Apr 10, 2020 12:18 am
Forum: Accounting
Topic: unable to reconcile bank account
Replies: 3
Views: 379

Re: unable to reconcile bank account

Yes, this was entered at the same time as other contributions.
What showed up was off by the amount of the new account.

Did the first entry debit the checking account? If so, will it have a negative effect to debit the checking account again?
Otherwise, I will do what you have suggested.
by neac
Thu Apr 09, 2020 4:17 pm
Forum: Contributions
Topic: Accounting for Returned Overpayment
Replies: 1
Views: 518

Accounting for Returned Overpayment

Also, Our phone company did something really silly. We sent them money in January but they deemed that we overpaid and instead of crediting our account, they sent the money back to us directly into our bank account. Now I need to make an entry in powerchurch to reflect this, So I want to know if can...
by neac
Thu Apr 09, 2020 3:16 pm
Forum: Accounting
Topic: unable to reconcile bank account
Replies: 3
Views: 379

unable to reconcile bank account

Hi, I have an issue where a contribution is not showing up so that I can reconcile it. I think the issue is that it was entered into a newly created fund, but the fund wasn't set up properly. I discovered that it did not have a credit account, I have since added an appropriate account, but how do I ...
by neac
Mon Feb 03, 2020 3:39 pm
Forum: Accounting
Topic: SSN not properly displaying in Payroll
Replies: 4
Views: 766

Re: Emailed Payroll Stubs are Password Protected

No, in power church. For all of the current employees, it shows random characters, something like this: xi_'sS|**QG.

Some of our former staff have SSN entered and it shows the actual numbers.

On the paystub it actually shows: XXX-XXX-XXX
by neac
Mon Feb 03, 2020 1:53 pm
Forum: Accounting
Topic: SSN not properly displaying in Payroll
Replies: 4
Views: 766

SSN not properly displaying in Payroll

Hi,
does anyone else's show random characters assigned to the SSN? I didn't set up the employee information so I don't know if this is normal.
We have former employees whose info shows the actual numbers.
Thanks
by neac
Sat Aug 03, 2019 2:13 pm
Forum: Accounting
Topic: incorrect reference numbers
Replies: 1
Views: 227

incorrect reference numbers

Hi, I found this while doing monthly bank reconciliation: we have some cheques that were posted using the wrong cheque/reference numbers. Should I go back and reverse all the transactions and input the correct reference numbers for each, or I could simply include a note in the Transaction notes of t...
by neac
Wed May 29, 2019 8:00 am
Forum: Accounting
Topic: posted transaction not appearing in reconciliation
Replies: 7
Views: 934

Re: posted transaction not appearing in reconciliation

Could it be that it doesn’t appear because the account it originally credited (incorrectly) was not the main operating account? ie 01-1110
by neac
Fri May 17, 2019 10:32 pm
Forum: Accounting
Topic: posted transaction not appearing in reconciliation
Replies: 7
Views: 934

Re: posted transaction not appearing in reconciliation

Ok, so it's actually kind of a good thing this happened :lol: While I was looking into that particular transaction, I discovered that the wrong account was credited when I originally input it into powerchurch. However, I did try the reindex and the transaction appeared in the bank reconciliation. Bu...
by neac
Sun May 12, 2019 11:42 am
Forum: Accounting
Topic: posted transaction not appearing in reconciliation
Replies: 7
Views: 934

Re: posted transaction not appearing in reconciliation

I tried that, it's still not there
by neac
Sat May 11, 2019 3:16 pm
Forum: Accounting
Topic: posted transaction not appearing in reconciliation
Replies: 7
Views: 934

posted transaction not appearing in reconciliation

I have a transaction that is not appearing in the bank reconciliation. When I look at Accounting > Fund Accounting > View posted transactions, it is there, but does not show up in bank reconciliation. The date of the transaction was April 15, 2019. For some reason it is showing the date entered as T...