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Mortgage
Posted: Sat Apr 01, 2017 4:39 pm
by ngaham
We just set up account and added the balance of our church mortgage on a liability under the general fund. When I print the Accounting Fund Balances report, it shows the General Fund as negative. Any way to not have this?
Re: Mortgage
Posted: Sat Apr 01, 2017 5:58 pm
by NeilZ
ngaham wrote:We just set up account and added the balance of our church mortgage on a liability under the general fund. When I print the Accounting Fund Balances report, it shows the General Fund as negative. Any way to not have this?
How did you add the the liability. What did you use as a transaction?
Re: Mortgage
Posted: Sat Apr 01, 2017 5:59 pm
by ngaham
It was added during the setup portion of PowerChurch. In the question part when you do the Accounting Setup.
Re: Mortgage
Posted: Sat Apr 01, 2017 6:31 pm
by NeilZ
ngaham wrote:It was added during the setup portion of PowerChurch. In the question part when you do the Accounting Setup.
Is the building listed as an asset ?? They should cancel each other out.
Re: Mortgage
Posted: Sat Apr 01, 2017 6:31 pm
by ngaham
NeilZ wrote:ngaham wrote:It was added during the setup portion of PowerChurch. In the question part when you do the Accounting Setup.
Is the building listed as an asset ??
No. I ended up restarting accounts :\
Re: Mortgage
Posted: Sat Apr 01, 2017 6:39 pm
by NeilZ
ngaham wrote:NeilZ wrote:ngaham wrote:It was added during the setup portion of PowerChurch. In the question part when you do the Accounting Setup.
Is the building listed as an asset ??
No. I ended up restarting accounts :\
Well .. that's a way to fix this. My advice is to take a good look at the manual starting on page 185 which covered the Accounting Setup.