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Reimbursements to church general operating fund?
Posted: Thu Mar 26, 2009 10:06 pm
by Roscoe
Hi, I am brand new to Powerchurch and I'm enjoying it. Question, we have a benevolence fund that is used to help feed families for a repass after a funeral. A check was written to help defray food costs, all the monies were not used and the remaining cash was returned to the operating fund. How is this handled? It is not counted as a contribution is it?
Re: Reimbursements to church general operating fund?
Posted: Thu Mar 26, 2009 11:38 pm
by NeilZ
Roscoe wrote:Hi, I am brand new to Powerchurch and I'm enjoying it. Question, we have a benevolence fund that is used to help feed families for a repass after a funeral. A check was written to help defray food costs, all the monies were not used and the remaining cash was returned to the operating fund. How is this handled? It is not counted as a contribution is it?
IMHO .. it should not be considered a contribution. The accounts that were debited and credited for the original check, should be credited and debited with the returned funds.
FWIW ... a small tip: this type of question should be asked in the appropriate forum, in this case, Contributions or Accounting, as people who are looking for advice in those areas may only look in those forums.