Posting Contributions

[DeanH]

I am in the process of helping a church (Park Ridge Baptist) that I highly recommended to purchase Powerchurch several months back. After purchasing it and going through the process of setting the Fund Accounting up just like I have it on my Power Church account (Tabernacle Ministries.) When I post the contribution the amounts for the each restricted fund is going to each the restricted fund as it should However, it is also adding the total of all the restricted funds in this contribution to the General Fund account. Apparently, it is telling it to do that. I have searched all over trying to find it but can't. Can you help me. Thanks

[NeilZ]

I am in the process of helping a church (Park Ridge Baptist) that I highly recommended to purchase Powerchurch several months back. After purchasing it and going through the process of setting the Fund Accounting up just like I have it on my Power Church account (Tabernacle Ministries.) When I post the contribution the amounts for the each restricted fund is going to each the restricted fund as it should However, it is also adding the total of all the restricted funds in this contribution to the General Fund account. Apparently, it is telling it to do that. I have searched all over trying to find it but can't. Can you help me. Thanks

The transaction that is created by Contributions uses the data setup in the Contribution Fund setup. It will use the Income and Asset accounts as listed. If you have listed the income account as a 01-4200-00 Temporary Restricted income, and the Asset as 01-1110-00 Checking, those accounts will be used.

Now you're talking about Funds Accounting Restricted Funds, are you talking about restricted income accounts, or something else ??

If you only have one checking account, but you use that account for all funds, you have to make sure that you use the proper Accounting Fund identifier for that checking account.

Say you have the following Accounting Funds (again not to be confused with Contribution Funds): 01-Operating, BD-Building, MS-Missions, but they all use the same checking account.

So you have the Contribution Fund for regular tithes and offerings setup to use 01-4030-000 as the credit (income) account, and 01-1110-000 as the debit (bank - checking) account. Then you have offerings to the restricted building fund: credit account : BD-4200-000, and debit account of BD-1110-000. FInally missions: credit account: MS-4250-000, debit MS-1110-000.

Note all the contributions are separated by account, and the system will track all the money given to each account separatedly, but the deposit all goes to the one checking account.

However, if you have multiple checking accounts for each fund, you have to make sure that each one is setup in Funds Accounting (01-1110-000, BD-1120-000, & MS-1130-000) and Contribution Fund where the contributions are tallied have those correct accounts entered as the debit account.

Does this help ??