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accounts payable

Posted: Sun Feb 09, 2014 9:41 pm
by bjsbrown65
did not see an accounts payable or accounts receivable account on the sample chart of accounts. Will someone give a brief explanation of how this works in Power Church. I am accustomed to bookkeeping programs that have these two accounts. Thanks

Re: accounts payable

Posted: Sun Feb 09, 2014 10:16 pm
by JohnDMeyers
PowerChurch only works on a cash-accounting basis.

The only place you will find those accounts is on an accrual-accounting system.