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Assets and Liabilities

Posted: Thu Oct 03, 2013 5:34 pm
by LindaW
Howdy all...
We are in the process of refinancing a loan so we can lower our interest rate.
the bank is asking for
"a balance sheet for the church that is usually included the financial statements for the church. This includes a list of current and long term assets and liabilities for the organization."

How would I pull that out of Power Church?

Thanks for your help :-)

Re: Assets and Liabilities

Posted: Thu Oct 03, 2013 7:29 pm
by NeilZ
LindaW wrote:Howdy all...
We are in the process of refinancing a loan so we can lower our interest rate.
the bank is asking for
"a balance sheet for the church that is usually included the financial statements for the church. This includes a list of current and long term assets and liabilities for the organization."

How would I pull that out of Power Church?

Thanks for your help :-)
Accounting -> Funds Accounting -> Reports -> Balance Sheet

Re: Assets and Liabilities

Posted: Fri Oct 04, 2013 3:17 pm
by LindaW
LOL Awesome...
That was easy :-)

But wait one more thing
How do delete an item categorized as an Asset?
This was done in error oops

Re: Assets and Liabilities

Posted: Fri Oct 04, 2013 3:27 pm
by Matt
Just input an entry in Fund Accounting that credits the account for this asset and debits the appropriate account.

Re: Assets and Liabilities

Posted: Fri Oct 04, 2013 3:39 pm
by LindaW
Thank You