On Sat, Aug 29, 2020 at 09:26:53AM -0400, Michael or Penny Novack wrote: > > Well, yes, but the existing paper system is hardly transparent! :-) > > > > I'm really only trying to work things out from what has to be on the > > annual return to the CofE. > > > > The restricted and unrestricted funds are at least basically separated > > by being in separate accounts. > > > If the restricted funds are in a separate bank account, especially if it is > a deposit account, you have simple options compared to those of us who keep > books for organizations that so not have funds segregated that way. > > a) You can just partition the deposit account. Won't interfere with check > reconciliation to have it partitioned. > > b) You won't perceive yourself as doing any extra work since going to be a > REAL transaction moving funds from "deposit" to "current" when paying ans > expense that qualifies for the use of that restricted fund. > Yes, that was how I saw it originally. However (as you may see from some of my subsequent posts) I don't think we have any restricted funds, what I (and others here at the PCC I suspect) thought were restricted funds are simply designated.
We might have the odd donation that is restricted but not very much, I can add an income account for those, e.g. 'building repairs - restricted' and that will be all I need I think. If it turns out that there are several then I can have a hierachy with a 'placeholder' restricted and underneath it 'new roof', 'building repairs' or whatever. However I think this may be overkill, we aren't going to be that lucky. -- 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.
