Assets and Liabilities

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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LindaW
Posts: 25
Joined: Thu Sep 03, 2009 1:59 pm

Assets and Liabilities

Post by LindaW »

Howdy all...
We are in the process of refinancing a loan so we can lower our interest rate.
the bank is asking for
"a balance sheet for the church that is usually included the financial statements for the church. This includes a list of current and long term assets and liabilities for the organization."

How would I pull that out of Power Church?

Thanks for your help :-)

NeilZ
Posts: 10471
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
Contact:

Re: Assets and Liabilities

Post by NeilZ »

LindaW wrote:Howdy all...
We are in the process of refinancing a loan so we can lower our interest rate.
the bank is asking for
"a balance sheet for the church that is usually included the financial statements for the church. This includes a list of current and long term assets and liabilities for the organization."

How would I pull that out of Power Church?

Thanks for your help :-)
Accounting -> Funds Accounting -> Reports -> Balance Sheet
Neil Zampella

Using PC+ since 1999.

LindaW
Posts: 25
Joined: Thu Sep 03, 2009 1:59 pm

Re: Assets and Liabilities

Post by LindaW »

LOL Awesome...
That was easy :-)

But wait one more thing
How do delete an item categorized as an Asset?
This was done in error oops

Matt
Authorized Teaching Consultant
Authorized Teaching Consultant
Posts: 733
Joined: Fri Dec 05, 2003 4:04 pm
Location: Jacksonville, AL

Re: Assets and Liabilities

Post by Matt »

Just input an entry in Fund Accounting that credits the account for this asset and debits the appropriate account.

LindaW
Posts: 25
Joined: Thu Sep 03, 2009 1:59 pm

Re: Assets and Liabilities

Post by LindaW »

Thank You

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