How can I change a temp restricted account to a pass through account? I set up a couple of them wrong and now I don't know how to change them.
Also in temp restricted, when you write a check, which one of the accounts do you debit? I have to enter a couple of checks that were hand written and I don't know which one to use because I don't see and expense one. I used the wizard to set these up and I thought it would include everything I needed on these accounts.
Slowly but surely I'm starting to understand how this works.
Thanks, Beth
Changing from temp rest to pass through
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Changing from temp rest to pass through
"God does not reveal the divine will to the curious, but to the obedient."
"What Christ has been and done for me, I must be and do for others."
"What Christ has been and done for me, I must be and do for others."
Did I stump everyone?
Another question.
What report do I use to show the expenses on the Temp rest. accounts? The Income and Expense statement does not show a break down of which line item the expenses came from.
Thanks.
BTW - I've been able to figure out a lot of new things today. I'm so excited. I even found the .45 I had out of balance in the Liabilities!!!!!!
Another question.
What report do I use to show the expenses on the Temp rest. accounts? The Income and Expense statement does not show a break down of which line item the expenses came from.
Thanks.
BTW - I've been able to figure out a lot of new things today. I'm so excited. I even found the .45 I had out of balance in the Liabilities!!!!!!
"God does not reveal the divine will to the curious, but to the obedient."
"What Christ has been and done for me, I must be and do for others."
"What Christ has been and done for me, I must be and do for others."
-
Jeff
- Program Development
- Posts: 1225
- Joined: Fri Sep 05, 2003 11:43 am
- Location: PowerChurch Software
- Contact:
If you set a temp restricted account that should have been a pass thru, you will have to do the following:
1. Add the new liability account for the pass thru.
2. Goto contributions -> Maintain list of Conribution Funds and change the credit for the contribution fund from the temp restricted income account to the new liability account you created.
3. If this account had a beginning balance in the equity account, you will need to enter a journal transaction to move the beginning balance from the temp restricted equity account to the liability acocunt.
4. You will also need to enter a journal entry to move any income from the temp-restricted income to the equity account as well.
5. If any money has been released, then you will need to enter a journal entry that moves any money from the release account to the equity account as well.
1. Add the new liability account for the pass thru.
2. Goto contributions -> Maintain list of Conribution Funds and change the credit for the contribution fund from the temp restricted income account to the new liability account you created.
3. If this account had a beginning balance in the equity account, you will need to enter a journal transaction to move the beginning balance from the temp restricted equity account to the liability acocunt.
4. You will also need to enter a journal entry to move any income from the temp-restricted income to the equity account as well.
5. If any money has been released, then you will need to enter a journal entry that moves any money from the release account to the equity account as well.