Money Market Savings Acct

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

Moderators: Moderators, Tech Support

Post Reply
Vonnie Rucker
Posts: 2
Joined: Thu Jan 06, 2005 7:58 pm
Location: Northminster Presbyterian

Money Market Savings Acct

Post by Vonnie Rucker »

I currently run all accounts under 1 fund. I use my money market savings account to hold money designated to specific projects so that I always know how much is available -- in checking you can't know how much is designated for what. As it is now, every time I spend money from a savings account, I write a check then transfer money from savings into checking. Since I can write checks from this money market account, should I just have this set up as another fund account?

Vonnie Rucker
Top
Post Reply

Return to “Accounting”