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Deposit entry question

Posted: Fri Mar 07, 2014 9:00 pm
by Blessed_miracle67
We started using FA side as of Oct 2013, and entered our beginning balances as of Dec 31, 2013 when we setup. So the ministry $ that we received as already been accounted for, but since I have to manually enter the deposit amount, how would I show it? DB 01-1110 checking and CR 01-4010 Contribution Income or do I use another entry for the deposit amount?

Re: Deposit entry question

Posted: Fri Mar 07, 2014 9:33 pm
by Matt
The entry you show is the correct entry to make.

Re: Deposit entry question

Posted: Sun Mar 09, 2014 6:32 pm
by Blessed_miracle67
ok. thank you so much