how to correct automatic transfer in contributions
Posted: Mon Aug 03, 2020 10:48 am
We use automatic transfer to set aside money that our church tithes on from our general offering. These are percentages of the general offering. I just discovered that one of the transfers for our outreach program has been doubling due to operator error ( there were 2 accts set up in contributions for the same transfer) I need to reduce the amount and am not sure if I can do this in fund accounting or if it needs to be done in the contributions module. Also will I need to do anything with the release accts.
My thought was that I could do a journal entry to do this but I just want to make sure it is done correctly.
The acct numbers are as follows:
01-4030-000 general fund (income acct}
01-4270-000 Outreach fund (income acct)
01-4870-000 Outreach release (release acct)
01-4999-000 release
This will not affect our checking account total because the release funds are held in our checking acct. Please help me figure this out and thanks in advance
My thought was that I could do a journal entry to do this but I just want to make sure it is done correctly.
The acct numbers are as follows:
01-4030-000 general fund (income acct}
01-4270-000 Outreach fund (income acct)
01-4870-000 Outreach release (release acct)
01-4999-000 release
This will not affect our checking account total because the release funds are held in our checking acct. Please help me figure this out and thanks in advance