Credit Cards

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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northside
Posts: 77
Joined: Thu Dec 22, 2016 11:22 am

Credit Cards

Post by northside »

What ways do you find is the easiest way to keep up with all the different credit card receipt amount?
When you receive a credit card receipt, do you put them in separately in power church?

Matt
Authorized Teaching Consultant
Authorized Teaching Consultant
Posts: 733
Joined: Fri Dec 05, 2003 4:04 pm
Location: Jacksonville, AL

Re: Credit Cards

Post by Matt »

Yes, input each receipt separately into PowerChurch. When inputting them debit an expense account and credit a liability account. Then, when you get the monthly statement you can use the bank reconciliation feature in PowerChurch to reconcile the charges on the statement to the postings made in PowerChurch.

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