Possible Rent scenario

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

Moderators: Moderators, Tech Support

Post Reply
RC_USER
Posts: 50
Joined: Sat Mar 09, 2013 2:28 pm

Possible Rent scenario

Post by RC_USER »

This is an example of the scenario we would need to accomplish in accounting.

Ex.
Monthly Lease agreement - $1600
Agreement w/clause would say to pay $1500 a month to rental owner with $100 going towards rental owners monthly contribution to the church!

How would we accomplish this in accounting? and contribution module and still balance. :?

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

Re: Possible Rent scenario

Post by JohnDMeyers »

There is a place in payroll where an employee can make a contribution as a payroll deduction.

I don't know of any way to setup an automatic contribution as part of a Fund Accounting entry.

You can set up a repeating contribution under Contributions / Repeating Contributions, and setup a monthly $100 contribution from this owner.

Separately, you can setup a repeating payment in Accounts Payable / Repeating Items for $1,600.

The two operate independently, however.
You can watch my PowerChurch tutorials now on YouTube!

Visit http://www.youtube.com/user/EmpowerYour ... ture=watch

Post Reply