Acct 3110-000 in multiple funds

Carol@bethel · Post by **Carol@bethel** » Mon Sep 10, 2007 5:31 am

I am unclear how to manually dr/cr the beginning balance transactions in my 02 fund that would decrease/increase my general fund balance (Acct 3110-000)

If I dr/cr transactions to 02-3110-000 then how will the net show up when I run an 01 fund report? (I assume it won't show up at all). Do I have to transfer the net of 02-3110-000 to fund 01 after I make my beginning balance entries in order to correct the 01 fund balance?

Hope this is clear. Any help would be appreciated.

Carol Brown
Bethel Presbyterian

Matt · Post by **Matt** » Tue Sep 11, 2007 9:19 pm

Can you provide more details as to what you are seeing that is causing the problem? For example, what reports are you looking at that indicate to you that the fund balance is incorrect? What should the correct fund balances be for each fund? What asset and/or liability accounts comprise the fund balance for each fund? If you can provide specific account numbers and balances that will really help in answering your questions.

Carol@bethel · Post by **Carol@bethel** » Fri Sep 14, 2007 8:03 am

I will have to revisit this question after our system is more fully developed. I asked the question from a theoretical standpoint... I think I need to get further into our system before I can intelligently ask this question again. Thanks.