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setting up accounts, categories inside accounts

Posted: Wed Apr 30, 2025 1:11 pm
by sdavis0000
our savings accounts has several categories
church anniversary, Sunday school, women's ministry each has a balance from last year they have income and expense.
how do i set up each separate in the savings
do i make deposits to savings and enter to Sunday school and how do i set up an update balance? is it set up as income, assets, expense or equity?
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Re: setting up accounts, categories inside accounts

Posted: Wed Apr 30, 2025 4:33 pm
by NeilZ
sdavis0000 wrote:
Wed Apr 30, 2025 1:11 pm
our savings accounts has several categories
church anniversary, Sunday school, women's ministry each has a balance from last year they have income and expense.
how do i set up each separate in the savings
do i make deposits to savings and enter to Sunday school and how do i set up an update balance? is it set up as income, assets, expense or equity?
.
OK.. terminology is key.

What are you referring to as 'categories' ?? Expense Accounts? Are the savings accounts asset accounts? Accounting Funds like the 01-operations fund?

As far as balances, are you saying there are funds in the accounts?

Please explain exactly what you are referring to, as well as exactly what you want to do.