Our church has recently suffered severe water damage and we are starting to receive insurance checks to help offset the costs of the repairs.
How do I track that for accounting purposes?
Do I designate the money to a fund? If I designate the funds what if all the funds aren't needed for the repairs?
Comments for Insurance payments for damage to property?
|
||
|
||
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!