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Modifying G/L Income Account
Posted: Sun Apr 09, 2017 8:08 am
by LQ Helper
I would like to modify some of my income accounts to be release accounts but do not have that option. According to PowerChurch 11.55 User manual on page 210 I should be able to check a box to designate the account as a Release Account. There is no box for that when I pull up an income account to modify it. Can you please advise me on how to accomplish this?
Thank you
Re: Modifying G/L Income Account
Posted: Sun Apr 09, 2017 8:12 am
by LQ Helper
Never mind. I found where I designate restricted. Thanks
Re: Modifying G/L Income Account
Posted: Sun Apr 09, 2017 8:23 am
by NeilZ
LQ Helper wrote:I would like to modify some of my income accounts to be release accounts but do not have that option. According to PowerChurch 11.55 User manual on page 210 I should be able to check a box to designate the account as a Release Account. There is no box for that when I pull up an income account to modify it. Can you please advise me on how to accomplish this?
Thank you
Normally, your release account SHOULD NOT be the same as a normal income account. By default, Powerchurch will include a 2 level header for Release Accounts at the 4800-000 number level, with a 3 level header for
Temp Restricted Release at 4801-000. This leaves you about 97 account numbers to use. At 4900-000, it enters a 3 level
Perm Restricted Release header, then at 4998-000 it places a 3 level header
Released from Restriction and enters a 4999-000, 5 level account for
Released from Restriction.
The system will then use the 4800 level and the 4999-000 accounts when you click the
Release Restricted Funds button. Normally there is no need for manual access of these accounts.