I have been doing some reading around this restricted/unrestricted funds issue.
I think in reality we have *no* restricted funds in our PCC. What I *thought* were restricted funds are actually 'designated' funds. I.e. we (the PCC) have made a collection for example 'for repairs to the church roof', this is (as I understand it anyway) designated and while it will probably be used to mend the roof the PCC is quite at liberty to change its mind and do something else with the money. A restricted fund is something where the *donor* has specified that the money is to be used for a specific purpose and is often long term and may actually (though not necessarily) be an endowment or some such. I don't think I need to manage 'restricted' funds as we don't have any in our tiny little church. -- Chris Green _______________________________________________ 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.
