1. income accounts 2. year end closing

[bjsbrown65]

1. have a restricted Faith Promise income account which is separate from the Tithes and Offerings account; however both go into the same bank account. How do I write a check from the bank account but use funds from the Faith Promise Account portion in the bank. I'm wondering if I have set up correctly.

2. Also regarding year end closing, does each separate month have to be closed prior to year end. I know several months can be kept open but what happens at year end. Year end does need to happen, doesn't it.

[NeilZ]

1. have a restricted Faith Promise income account which is separate from the Tithes and Offerings account; however both go into the same bank account. How do I write a check from the bank account but use funds from the Faith Promise Account portion in the bank. I'm wondering if I have set up correctly.

2. Also regarding year end closing, does each separate month have to be closed prior to year end. I know several months can be kept open but what happens at year end. Year end does need to happen, doesn't it.

1. Is it setup as a restricted fund? If so, you would release the money from the account using the Release Restricted Fund button when you're creating the invoice/check in Accounts Payable.

2. No, year end does NOT have to happen by closing the year. In fact, right now we have the months of Sept through Dec 2013, all of 2014, and Jan 2015 open. There is a list of archived newsletters that cover what is actually needed for year end cleanup in v11.x. Those can be found (along with some info for previous versions which you can ignore) here: https://www.powerchurch.com/support/kb. ... s=year-end

[bjsbrown65]

Can always count on you, Neil. Thank you. I'll have to close the year if I want to make changes in the chart of account, won't I.

[NeilZ]

Can always count on you, Neil. Thank you. I'll have to close the year if I want to make changes in the chart of account, won't I.

Again, depends on what you're doing. You really don't have to. If you're deleting accounts and so on, closing the year isn't going to stop you from possibly losing data. Besides, I don't believe the system will allow the deletion of accounts that had data posted to it unless that data was deleted by the user.