End of Year Accouunting

by Gloria T.
(Pelzer, SC)

How do I apply expenses incurred this year, to the budget for the prior year?

For example, last year's budget (2014) has a line item for Missionary Ministry. A check for an expense to this ministry was issued in December 2014, but didn't clear until Jan 2015.

How do I get my accounting software (Quickbooks) to recognize this transaction against the 2014 budget?

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Budgets.