hi All:
We have recently reinstated our small church store.
We've spent money to stock it with items and books.
Does anyone have any experience with this?
Currently, i have it set up as a simple income and expense lines in the general fund.
I'd like to be able to track money in/out and show the current profit/loss for the store in a simple report.
I was thinking setting it up as a passthrough account, although it really isn't.
ANy ideas welcom.
Thank you and Happy Memorial Day!
Church Store
Moderators: Moderators, Tech Support
Re: Church Store
I'd set it up as a completely different fund, and not to blend it in with the general fund. That said, I would check with a CPA who is experienced with charities to see how this would affect your non-profit status, and how to account for any profits.josyf wrote: ↑Sun May 28, 2023 3:52 pmhi All:
We have recently reinstated our small church store.
We've spent money to stock it with items and books.
Does anyone have any experience with this?
Currently, i have it set up as a simple income and expense lines in the general fund.
I'd like to be able to track money in/out and show the current profit/loss for the store in a simple report.
I was thinking setting it up as a passthrough account, although it really isn't.
ANy ideas welcom.
Thank you and Happy Memorial Day!
Frankly, any advice we could give on this would not be in any way official other than what I pointed out above.
Neil Zampella
Using PC+ since 1999.
Using PC+ since 1999.