Chart of Accounts Naming confusion

[Dkgross]

I just started using Powerchurch this year and set up my chart of accounts simiular to the templates provided by Powerchurch. My problem is that when I am entering transactions - selecting the account distribution from the LOV - I find it confusing to know which account is an Asset, Income, Fund, Expense, etc and have booked transactions to the wrong accounts. Has anyone also found this to be a problem? Has anyone come up with a naming convention that is more helpful? I am thinking of prefixing my accounts to identify it's type (i.e. I-Christian Ed, E-Christian Ed, F-Christian Ed,etc.) but before I do was wondering how others are handling this?

Maybe it's just because it's all new and eventaully I will have the numbering scheme memorized. My secular job is a computer analyst - I am doing the church bookeeping on the side. So, I am not a professional bookeeper - which may be some of my problem. Any suggestions would be appreciated.

[Zaphod]

In PowerChurch, account numbers are structured as such FF-MMMM-SSS where F = Fund number, M = major account, S = subaccount. The range in which the major account number falls will determine the type of account.

By default, the 1000-1999 range is for assets. 2000-2999 is for liabilities, 3000-3999 is for fund balance (only 3000-3002 are actually used in v8.5 and prior - v9 is going to change that.), 4000-4999 are for income, and 5000-9999 are for expenses. These number ranges can be changed, but you usually wouldn't unless you have a *really* good reason to do that.

If it helps to give your accounts mnemonic descriptions, you're certainly free to do that.