Thanks.
This is what I'll do.
Rod
--
On September 3, 2019 12:20:20 John Ralls <jra...@ceridwen.us> wrote:
On Sep 3, 2019, at 12:08 PM, Roderick Anderson <raander...@gmail.com> wrote:
This might be on the edge between using GnuCash and Accounting principals.
Any help or suggestions will be appreciated.
I am the Treasurer for a small 501(c)(3) with all my accounting knowledge
as OJT. Nothing formal.
I am looking for suggestions on how to account for cash pulled from the
checking account to be used for making change for our fund raising event
and then redeposited into checking.
In the past (in my ignorance) I treated it as an expense then an income.
We missed a year of the event so I figured now would be a good the time to
get it right.
That make any sense?
Create an account Assets:Current Assets:Cash Box and transfer whatever
amount you want into it. Book all of the receipts into that account (you
can batch them up if you don't feel the need to track them individually).
At the end of the event the Cash Box account and the cash on hand should be
the same. Your deposit back into the bank account is a simple transfer
transaction just like the starting withdrawal.
Regards,
John Ralls
_______________________________________________
gnucash-user mailing list
gnucash-user@gnucash.org
To update your subscription preferences or to unsubscribe:
https://lists.gnucash.org/mailman/listinfo/gnucash-user
If you are using Nabble or Gmane, please see
https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.
