Contribution problem

[wlrobinson]

I posted a contribution to our Children's ministry and it never showed up in the Fund Balance? I have checked to be sure it is posted but it goes to our designated fund instead of the CM fund.THe Cm income closes to the CM Fund balance so why does it not show up here?? We are fairly new to this software but we have checked and this acct is set up the same as all the others but still is not working right?? please help!!

[JohnDMeyers]

When you post in the Contributions Module, there are options. One is to post only in the Contributions Module, and another is to update fund accounting.

Make sure you chose the option to update fund accounting.

If you did, then you have to go to the fund accounting module and post the transaction there. Until you post, you will find the information in Fund Accounting / Modify Unposted Transactions.

[NeilZ]

When you post in the Contributions Module, there are options. One is to post only in the Contributions Module, and another is to update fund accounting.

Make sure you chose the option to update fund accounting.

If you did, then you have to go to the fund accounting module and post the transaction there. Until you post, you will find the information in Fund Accounting / Modify Unposted Transactions.

I would also check to see if the Contribution Fund was setup properly. This is under Contributions

fund.jpg

Make sure that the Debit bank account that it will post to is correct, and that the Credit income account is the account you expect to see. In our case, the MS is the designator for the separate COA fund for Missions. If your system is setup with the CM Fund as a different fund than what is used for Operating money, then you must make sure that the proper fund is listed.

For instance:

if your operating is 01, and your CM fund is 02,

Then your Checking for 01 should be 01-1110, and the checking for 02, 02-1110. In the same way, if you have an account for income under the 02 account, it should be 02-4030 (or something like that).