FWIW ... you really don't have to worry about which fund is being credited, as that should be done when you enter the transaction through the AP system.christybeth wrote: ↑Thu Apr 06, 2023 1:19 pmOkay, I ran the Account Activity report and it is the subtotals for each fund that is the breakout for the payment? I appreciate all of the help with this new process for me!
You've already moved the funds from the fund to the liability, in essence, the funds have been 'spent', and will show as expenses on the I&E report. For example:
That said, when you run the report, the total should equal the amount of the CC statement, and the subtotals should equal the amount needed to be credited to each fund when you write the check.
SO if the CC bill is 500.00, the report should show a total of 500.00. If it shows more, you would need to cross reference to the Reconciliation Report to see what transactions were not cleared, and deduct those amounts if they're in the Activity Report. Unfortunately that is a manual process, but shouldn't take all that long. What is left should equal the amount of the CC bill.