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.

Need training on how to use QBO or Aplos effectively for a church or better yet ...need an expert in either of those accounting software to do your monthly bookkeeping and/or payroll? See more on our accounting services!

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.