Need help with fund mistake

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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nccchurch
Posts: 46
Joined: Thu Sep 16, 2004 10:12 am
Location: North Cincinnati Community Church
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Need help with fund mistake

Post by nccchurch »

I have debited a fund 1 expense account when it should have been a fund 4. How do I correct?

Do I use transfer accounts?

Thank you!!!
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NeilZ
Posts: 10408
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Need help with fund mistake

Post by NeilZ »

nccchurch wrote:I have debited a fund 1 expense account when it should have been a fund 4. How do I correct?

Do I use transfer accounts?

Thank you!!!
Reverse the transaction, then reenter with the correct checking and expense account data.
Neil Zampella

Using PC+ since 1999.
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