I am trying to write a check for an asset that we have purchased with restricted funds. When I release the funds and click save I get a warning that debits and credits are out of balance with the invoice amount.
Here are the transaction accts:
credit checking 01-1110-000 $7470.20
Debit scrubber 01-1880-000 $7470.20
debit scrubber release 01-4825-102 $7400.00
credit release from restriction 01-4999-000 $7400.00
I can't figure out what I am doing wrong
The restricted income acct is 01-4225-102 if that is of any significance and the balance in it is $7400.00
Thanks in advance
oob condition in payables
Moderators: Moderators, Tech Support
oob condition in payables
Sandy Daniel
Always learning and always grateful!
Always learning and always grateful!
-
- Tech Support
- Posts: 3006
- Joined: Thu May 13, 2004 9:59 am
- Location: PowerChurch Software
- Contact:
Re: oob condition in payables
When saving the transaction, PowerChurch just looks at the totals of the debits and credits and shows that warning. The total debits and credits are double the amount of the check, because of the release transaction, so it's fine. You can click Yes to continue.
Re: oob condition in payables
I understand that the credits and debits don't match the check total but that is always the case when you release restricted funds. I have not had that warning before when releasing restricted funds. I just want to be sure that this won't cause a problem later.
Sandy Daniel
Always learning and always grateful!
Always learning and always grateful!