Conference Fees

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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JMJohnson
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Joined: Sat Mar 15, 2008 5:49 pm
Location: Belleville, IL

Conference Fees

Post by JMJohnson »

My Church is having a Mother/Daughter Luncheon were tickets are being sold. The luncheon is being hosted by the Women's Department. How do I account for the money received?

Matt
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Location: Jacksonville, AL

Post by Matt »

I'd set up an income account called ticket sales. Then after you deposit the money from the sales input an entry in Fund Accounting that debits your checking account and credits the ticket sales account.

JMJohnson
Posts: 2
Joined: Sat Mar 15, 2008 5:49 pm
Location: Belleville, IL

Conference Fees

Post by JMJohnson »

Thank you for your assistance.

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