I am the treasurer of our church and we just started using Quickbooks. I am hoping someone can give me step by step instructions on how to set up a CD. I was told to create the account, debit the account for the amount and credit retained earnings. That doesnt seem quite right. Any help?
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If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.
Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)