New Savings Account

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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skkurtz
Posts: 2
Joined: Mon Jan 12, 2009 11:50 am
Location: Clackamas, Oregon

New Savings Account

Post by skkurtz »

We rec'd a contribution and put it in a new Savings Account. I set up an assett account for the Savings acct but I don't know how to do the entry to get it in the account. So account will show right balance. I think I will Debit assett account but what do I credit?

JohnDMeyers
Posts: 1338
Joined: Sun Oct 07, 2007 9:50 am
Location: Potsdam, NY
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Post by JohnDMeyers »

credit an income account, like General Contributions.
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