User Support Forum

Hello,

We use Powerchurch Plus 14 Desktop version. Please help with the below two scenarios.

1. If we deposited two different Cheques -a total of $200 in the bank. $50 -Donation and $150- receivables. I entered in respective modules.
In the fund accounting module, how do I merge both these entries so it shows as one deposit entry in the bank?

2. Our bank shows the net amount of payout from the stripe example: A total of $400 donation less a fee of $4 bank shows a deposit of $396. The donations are a total from two individuals say $300 minus $3 and another $100 minus $1. Is there a way to show gross less fee in the contribution module itself without affecting the tax receipt total?

Thanks for the input.

1. There isn't a way to automatically merge the two together. If the transactions are still unposted in Fund Accounting, you could modify one of them to include the amounts and accounts from both, then delete the other one prior to posting. Otherwise, they will just be listed as two separate deposits.

2. The easiest way to handle this would also be in modifying the Fund Accounting transaction while it's unposted. Adding a Credit of $4 to the bank account and Debit of $4 to Stripe Fees expense would show the correct deposit amount.

I say that's the easiest way, because the alternative, to have it show in the Contributions module, would be to set up a new Contribution Fund (Contributions > Setup > Maintain List of Contribution Funds) for Stripe Fees, unchecking the "Include fund on statements" option, and enter the amount of fees taken out of each contribution as a negative amount. So in your examples, entering a $300 contribution to whatever fund, then entering a negative $3 contribution to the fees fund, entering a $100 contribution to whatever fund, then entering a negative $1 contribution to the fees fund.

That leaves more room for error, possibly entering the amount as a positive, recording the fees to the wrong Contribution Fund, or forgetting to record the fees before posting contributions.