User Support Forum

I don't know if I have been doing another thing wrong or not! We have contributions entered in as income under missions. We also have specific expenses to organizations we write monthly checks out to. If I have recent expenses related to missions, I think I have gone to the look up of accts and typed in missions and then plug that account in. When I look back, I realize that the acct I'm pulling from is actually income not an expense. Is this the wrong thing? I'm realizing we are not doing expense transactions from tithes/offerings. We enter t/o as contrib, it goes into our general fund and then we write our bills out through our expenses. In my mind we are placing money into a missions pot and then we would take it out of there when we are ready to use them. ok, I'm looking at this again...is this why we do the release restrict? RR is the proper way of showing a debit from the mission's account? Sorry about all this...I'm not an accountant. (like you couldn't guess:)
Tammy

You should not be making expenses from your income account.

Since it sounds like you already have done that, here's how to correct each incorrect transaction:

Example: $50 missions expense taken out of income account 01-4130-000 incorrectly, and should be expense account 01-5423-000
CR 01-4130-000 income account $50
DB 01-5423-000 expense account $50

You should use income accounts for money coming in, and expense accounts for money going out.

My suggestion is not to use the restriction mechanism in PowerChurch for this type of missions activity. Rather, create a missions fund, and have all of your missions transactions take place within that fund.