contribution with designation

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NeilZ
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Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: contribution with designation

Post by NeilZ »

tabylee1954 wrote:Hi,

I have started entering contributions on PC+ and having a grand time.

I have a little concern.

Our church has a general mission fund and we allocate a budget for each mission at beginning of the year. Our members will give to mission fund but sometimes they designate the particular mission for Ex China mission.

No matter how much is contributed to a particular mission fund in a year, we just follow the allocated budget, but we would like to see how much is the total for mission fund in all and the amount for each particular mission.
Again, this depends on how you track this in Funds Accounting. If all missions money goes into one FUNDS ACCOUNTING account, you can use two separate CONTRIBUTION FUNDS to track the different offerings (designated mission, non-designated mission) that create transactions for the same Funds Accounting Mission account. This will give you a total of all contributed funds.

If you have two separate Funds Accounting accounts, then you would setup the two Contribution Funds listed above but each creating transactions to the proper Funds Accounting account.

Does that make sense ??
Neil Zampella

Using PC+ since 1999.

NeilZ
Posts: 10409
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: contribution with designation

Post by NeilZ »

tabylee1954 wrote:do I get it right?

We just have one mission accounting fund. Right now, we deposit all mission contribution in this banking account. Our board sometimes wants to monitor how much is being contributed to each mission. No matter how much is contribution for each fund, we spend only the allotted amount as per budget.

So we need to make 2 contribution funds, one for general (undesignated) and one for designated but all deposited to one acctg fund. how do we group them together (sub account)in summary or report?
Well, you could just report the breakdown by using a Contribution Report reflecting the two Contribution Funds, and not use subaccounts in Funds Accounting, which would then use the one account showing the total income.
Neil Zampella

Using PC+ since 1999.

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