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non contribution income

Posted: Tue Dec 29, 2015 11:12 am
by Zion Islandlake
How or where can you enter non contribution income such as a co-op dividend check to the general fund. I'm looking for a way to deposit it to the general fund checking account. Its probably very simple. but it has me stumped.

Re: non contribution income

Posted: Tue Dec 29, 2015 2:28 pm
by NeilZ
Zion Islandlake wrote:How or where can you enter non contribution income such as a co-op dividend check to the general fund. I'm looking for a way to deposit it to the general fund checking account. Its probably very simple. but it has me stumped.

You can do In two ways:

1. If you have access to FUNDS ACCOUNTING, you can create a deposit transaction using the FA Enter Transactions function. Just list the checking account as a debit, and the correct income account as a credit.

2. If you're going to be getting these on a regular basis, and you'd like to see these deposited with your normal deposits, you can create a Contribution Fund in Contributions with the checking account, and the income account you want to track this income with. Then your normal contribution counters or financial secretary can deposit this under your 'Loose Cash/Plate Contributions' using this special Contribution Fund. Makes it easy if these checks arrive and you want to get them deposited quickly.

Re: non contribution income

Posted: Tue Dec 29, 2015 3:28 pm
by Zion Islandlake
Thank you! :)