using the sub account number

[kimvdh]

It says you can use the sub account to report similar expences, i am wondering if the following would work ....heres my example:
4900 Special Funds (INC)
SF-4960-530 Sunday School Collection

9000 Special Fund TRANSFER (EXP)
ST-9060-530 Sunday School project

3000 Fund Equity (EQUITY)
EQ-3060-530 Sunday School balance

so now if I use the sub account report for 530 will it show incoming - transfered out = balance remaining in restricted account?

thanks for your help!

[JohnDMeyers]

Yes, that is correct.

It will show income amounts and outgoing amounts. You will have to perform the subtraction manually.

[kimvdh]

the incoming # will be from the 4960
the out going # will be from the 9060
so wont the # from 3060 show the balance which will have already subtracted?
i thought the equity funds (3000's) show the balance from the income funds(4000's) - the expence funds(5000's)
sorry i'm a newbie!

[JohnDMeyers]

The individual activity can be seen in an activity report (in the equity accounts).

The final balance shows up after closing the last month of your fiscal year (whatever you set that to in your preferences).

Until you close the last month of the fiscal year, the activity report shows the amount "that will be" added or subtracted.