Maintain List of Contribution Funds

Contributions, Faith Promises

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davisdi
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Joined: Tue Mar 23, 2010 8:57 pm

Maintain List of Contribution Funds

Post by davisdi »

In the section (Powerchurch Plus v11) Maintain List of Contribution Funds. I am having problems setting up the area Automatic Transfers at posting time. It states the above fund is to receive whatever percentage that I place in that area. Then it states that of contribution fund donations. This is very confusing Need help

JohnDMeyers
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Re: Maintain List of Contribution Funds

Post by JohnDMeyers »

I will start at the beginning, because I am not sure where the confusion is coming in.

You need two funds.

Let's say that you want your General Tithes to go into fund 100, and you want 10% of that amount to go to missions. You need to set up a second fund for missions, like 201.

Fund 201 - missions tithe
(at the bottom)
The above fund is to receive 10%
of contribution fund 100 's donations.

When you post in Contributions and transfer to Fund Accounting, the Contributions reports will show 100% of the money going into Fund 100. The Automatic transfer is for Fund Accounting only. (The donor's gave a General Tithe, and you want that to show up that way on their contribution statement. The church decided to put 10% towards missions, not necessarily the donor).

After you post in Contributions, look in Fund Accounting / Modify Unposted Transactions. You will see 90% of the money going to General Tithes, and 10% of the money going to missions. When you post in Fund Accounting, these transactions will be available on Fund Accounting Statements.

Does that answer it?
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