User Support Forum

Is there any way to have accounts omitted from the predefined, ready-to-run Income and Expense Statement? We have two checking accounts. One is associated with the general operating budget of the church. The other is associated with what we call Special In-House Accounts that are for various purposes. Right now, I have both of these checking accounts under Fund 01 and that is the only Fund we have. However, when I run the predefined Income and Expense Statement the accounts associated with the Special In-House Accounts' checking account appear on the Income and Expense Statement but we do not want them to. I know you have Custom Reports that can be generated but I do not know if I can create and Income and Expense Statement with that program that can be in the same format as the predefined one, which I like. Perhaps I should just have two Funds, 01 for the Operating Budget and 02 for the Special In-House Accounts, so there would be only one checking account associated with each Fund. I will appreciate any guidance provided. Thanks, PWN.

Yes, given the situation you have described you need to set up a separate accounting fund for the Special In-House Accounts. Once you set this second fund up you'll need to post entries in Fund Accounting to transfer the balances that pertain to this fund from Fund 01 to Fund 02.

Thanks, Matt. I was glad to hear you say I could transfer the balances from one Fund to the other. Thanks for the help! PWN