Pass-Thru Contributions and Contribution Fund #s

Contributions, Faith Promises

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machavez
Posts: 13
Joined: Tue Feb 22, 2011 3:19 pm

Pass-Thru Contributions and Contribution Fund #s

Post by machavez »

I am seriously confused regarding our Pass-Thru Contributions and how to enter the transactions on the Contributions side, if that is even correct.

We "sponsor" 14 local missions - Hope Haven, Meals on Wheels, Habitat for Humanity, etc. I have set these up as liablility accounts.

With my limited accounting knowledge, I understand it is not considered income for the church. However, how do I record the contributions to the individual church members?

Would I set up Contribution Fund numbers for each pass-through account and have it debit checking and credit the respective liability account in the Maintain List of Contribution Funds?

NeilZ
Posts: 10448
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Pass-Thru Contributions and Contribution Fund #s

Post by NeilZ »

kbwoods wrote:
Would I set up Contribution Fund numbers for each pass-through account and have it debit checking and credit the respective liability account in the Maintain List of Contribution Funds?
That's probably the easiest way to do it.
Neil Zampella

Using PC+ since 1999.

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