Do I Need a Second Fund Account?

[Roy MacLean]

As a small-in-size church, do I actually need a second fund account? When setting up the system...and then running a trial balance report, but before enterring any other information...I show the correct amount in the default (General) account and the correct amount in the second (Communion) account.

In the "play-around" before I committed any live information, I was able to reconcile both accounts in a satisfactory manner. For our purposes, that works just fine.

[JohnDMeyers]

I'm not familiar with the activity of a Communion account. Is it one income and one expense? If so, you probably don't need a second Fund. Just set up an income and expense account in the General Fund.

If there is more to it than that, I may suggest differently.

Missions Funds, Building Funds, Church Schools, or active ministries with many accounts sometimes use their Funds.