User Support Forum

PowerChurch ver 12.2 user for 12+ years

We have 2 separate funds in 2 separate checking accounts. Fund 01 is Operating expenses and Fund 02 is Daycare operations.
An expense for the Daycare website was paid via a church credit card along with other operating fund expenses. I have entered the following transaction to transfer funds between accounts -
02-1130-100 Daycare Operations 21.17 CR
02-9100-100 Transfer to other funds 21.17 DR
01-1110-000 Operating Funds 21.17 DR
021-9200-100 Transfer from other funds 21.17 CR

This transaction shows the transfer of funds on the Inc & Exp report but I need to show that the expense occurred in the Daycare account and not the Operating Fund account. I've looked in the PC+ manual and it only shows the transaction listed above. How do I show the proper expensing of the transaction?

BJW

In theory, you could have used the Expense accounts in that transaction instead of the Transfer accounts. It would serve the same purpose and take care of it all at once.

To move only the expenses, the transaction would look something like this:

02-5500-000 Expense DR
02-3110-000 Unrestricted Equity CR
01-5500-000 Expense CR
01-3110-000 Unrestricted Equity DR

Thanks! I'll give it a shot!
BJW