User Support Forum

I needed to create a new account in our chart of accounts for Youth Camp. Does this look correct? Youth Registration Income-4860-001 Restricted Expenses- Youth Registration's 5860-001 Youth Camp Expense-5120-002 They all close to an equity account- Youth Registration 4860-001 I know I need all incom...

How can I find a list of transactions that the equity account was used for? I ran a journal report and don't see a single transaction for any equity account. where would I find the equity transactions? when I run a changes in equity report I'm unsure what to do with that information.

I’m new to accounting and doing the church books. I saw equity accounts and started trying to zero them out by using those funds to pay bills due. If youth had 100.00 in the equity account I would then pay their pizza bill by crediting the bank-01 and debiting the youth equity account. I know now to...

Thanks for the reply. Currently, the contribution fund is set up as follows: Debit 01-1110-000 BANK Credit 01-4880-000 UNITE Is that correct? So I will never take money from the general fund(that the Unite income has been sent to) and re-up the balance of the Unite expense account. How do I replenis...

I created a new income account for our "Unite" youth event. I have a "Unite" youth expense account as well. When contributions come in for this event, I submit them to the contribution fund 17 (Unite). My question is, how does that money get spent or sent to the expense account? When invoices come i...