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Asset without Expense

Posted: Sat Nov 05, 2016 8:45 am
by onemore4gsus
Church property value was never entered into the chart of accounts as an asset. The mortgage was paid off years ago. How do I enter the property value as asset without dinging an expense account to balance? Thanks!

Re: Asset without Expense

Posted: Sat Nov 05, 2016 9:51 am
by NeilZ
onemore4gsus wrote:Church property value was never entered into the chart of accounts as an asset. The mortgage was paid off years ago. How do I enter the property value as asset without dinging an expense account to balance? Thanks!
I did a search on 'adding an asset' and this came up as a reference

https://www.powerchurch.com/forum/viewt ... 26&p=12588

Re: Asset without Expense

Posted: Mon Nov 07, 2016 2:17 pm
by onemore4gsus
Thank you, Neil, for searching and for the link.