paypal & contributions

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bjsbrown65
Posts: 105
Joined: Mon Jan 20, 2014 7:22 pm

paypal & contributions

Post by bjsbrown65 »

I set up paypal according to instructions in forum. When I posted contributions to fund accounting and then posted fund accounting, the funds showed up in two separate deposits, one for paypal and one for contributions in reconciliation. What am I not doing? Thanks.

NeilZ
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Re: paypal & contributions

Post by NeilZ »

bjsbrown65 wrote:I set up paypal according to instructions in forum. When I posted contributions to fund accounting and then posted fund accounting, the funds showed up in two separate deposits, one for paypal and one for contributions in reconciliation. What am I not doing? Thanks.
Which thread did you follow to setup the PayPal transactions? Did you enter contributions on two different dates? The only time the system will create separate transactions from Contributions is if they're entered under two separate dates, and then when posted are set to post as two separate deposits.
Neil Zampella

Using PC+ since 1999.

bjsbrown65
Posts: 105
Joined: Mon Jan 20, 2014 7:22 pm

Re: paypal & contributions

Post by bjsbrown65 »

one containing work through by John DMeyers dated Mar 07, 2014 and yes they are under different dates because they were paid through the bank on different days other than Sunday, the normal contribution date. are you saying regardless of the date, the paypal receipts need to be entered using the same date.

NeilZ
Posts: 10532
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: paypal & contributions

Post by NeilZ »

bjsbrown65 wrote:one containing work through by John DMeyers dated Mar 07, 2014 and yes they are under different dates because they were paid through the bank on different days other than Sunday, the normal contribution date. are you saying regardless of the date, the paypal receipts need to be entered using the same date.
No, I'm not saying that. I misunderstood what you were saying. From what I believe you're saying now, the bank statement shows two different deposits being made, and that can cause a problem with what was entered in Powerchurch.

I would keep the Paypal contributions separated from the regular contributions because PayPal takes two or three days (depending on the bank) to register in the account. If you include them in the normal Sunday Contributions entry, the bank will show a different deposit for that day. The PayPal deposit will then show up a few days later. You may understand this from the bank statement and can reconcile without worry, but this may cause problems with people not understanding that a few years down the road.
Neil Zampella

Using PC+ since 1999.

bjsbrown65
Posts: 105
Joined: Mon Jan 20, 2014 7:22 pm

Re: paypal & contributions

Post by bjsbrown65 »

Back to the original question. I transferred the money from paypal checking to regular checking. This was reflected in a separate deposit on the bank statement. When I posted contributions to fund accounting and then posted fund account, these contributions also showed up separately on the bank statement deposit so it appeared they had been entered twice in power church.

NeilZ
Posts: 10532
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: paypal & contributions

Post by NeilZ »

bjsbrown65 wrote:Back to the original question. I transferred the money from paypal checking to regular checking. This was reflected in a separate deposit on the bank statement. When I posted contributions to fund accounting and then posted fund account, these contributions also showed up separately on the bank statement deposit so it appeared they had been entered twice in power church.
OK ... with the question restated, then I have this:

The bank is correct ... obviously. They received the money transferred from Paypal.

So ...

You then posted Contributions. Were all these contributions entered the same day, normal cash & checks as well as PayPal?

When you posted to Funds Accounting, what did the Posting Report show?
If you look at the Posted Transactions, exactly what does the deposit transaction look like?

Try to reproduce the deposit transaction here so we can get a better handle on exactly what you are seeing.
Neil Zampella

Using PC+ since 1999.

bjsbrown65
Posts: 105
Joined: Mon Jan 20, 2014 7:22 pm

Re: paypal & contributions

Post by bjsbrown65 »

Sorry for the delay. I'm going to put this on hold until I have more pay pal deposits and see what happens then.

bjsbrown65
Posts: 105
Joined: Mon Jan 20, 2014 7:22 pm

Re: paypal & contributions

Post by bjsbrown65 »

Do have another question - After having problems with my first reconciliation, I manually entered the contributions using fund accounting enter transactions. I did not think at that time I needed to post the contributions to fund accounting rather than entering manually. I now regret that decision. What is the best way to correct this. What will happen if I just begin doing so with the next reconciliation and just leave the first month of contributions as not posted. What problems will this cause? I don't want to have to restore and correct as there have been too many transactions since then.

NeilZ
Posts: 10532
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: paypal & contributions

Post by NeilZ »

bjsbrown65 wrote:Do have another question - After having problems with my first reconciliation, I manually entered the contributions using fund accounting enter transactions. I did not think at that time I needed to post the contributions to fund accounting rather than entering manually. I now regret that decision. What is the best way to correct this. What will happen if I just begin doing so with the next reconciliation and just leave the first month of contributions as not posted. What problems will this cause? I don't want to have to restore and correct as there have been too many transactions since then.
If you've already added the first month's contributions manually, and those transactions are correct, there's no need to reverse those and then post from contributions.

You can post those contributions using the "Post to Contributions only" option, and then start the next month using the "Update Funds Accounting" option.

Some background: you HAVE to post contributions TO contributions in order for the donations to show up on the contributor's contribution statement. Using the post to contributions only option will do this, and not create the transactions for funds accounting.
Neil Zampella

Using PC+ since 1999.

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