Profit and Loss Statement

[ULBChurch]

We have used QuickBooks for over 15 years and are now beginning to use Power Church. Our pastor wants to see a report much like the profit and loss report we had in QuickBooks. It showed the fund, the actual amount spent in that fund, the remaining balance in that budget and the percentage used in that fund. Is there somewhere on Power Church where I can obtain that information?
Thanks

[NeilZ]

We have used QuickBooks for over 15 years and are now beginning to use Power Church. Our pastor wants to see a report much like the profit and loss report we had in QuickBooks. It showed the fund, the actual amount spent in that fund, the remaining balance in that budget and the percentage used in that fund. Is there somewhere on Power Church where I can obtain that information?
Thanks

Remember that Quickbooks was setup for Business, churches do not have a 'profit and loss' so the terminology will be different.

The closest thing you'll get to that is the Income and Expense report. You can adjust that report to only reflect a summary of income and expenses, then adjust the columns to reflect the requirements you want to see.

I'd play around with that to get what you want. There are a bunch of standard reports that will give you a lot of data, you need to look at all of them to get an idea of what is available. You'll find that there are reports that better reflect a church's financial status than those out of QB.

There's a list of all the Fund Accounting reports, and an explanation of each on page 236 of the PCPlus v12 user manual

[ULBChurch]

We have used QuickBooks for over 15 years and are now beginning to use Power Church. Our pastor wants to see a report much like the profit and loss report we had in QuickBooks. It showed the fund, the actual amount spent in that fund, the remaining balance in that budget and the percentage used in that fund. Is there somewhere on Power Church where I can obtain that information?
Thanks

Remember that Quickbooks was setup for Business, churches do not have a 'profit and loss' so the terminology will be different.

The closest thing you'll get to that is the Income and Expense report. You can adjust that report to only reflect a summary of income and expenses, then adjust the columns to reflect the requirements you want to see.

I'd play around with that to get what you want. There are a bunch of standard reports that will give you a lot of data, you need to look at all of them to get an idea of what is available. You'll find that there are reports that better reflect a church's financial status than those out of QB.

There's a list of all the Fund Accounting reports, and an explanation of each on page 236 of the PCPlus v12 user manual

Thank you so much for the suggestions. I was able to locate those reports and adjust them to see the information I was looking for. Still have a lot to learn, but hopefully it won't take me a lifetime to figure it out! Thanks again!