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RichieMe, Financial Specialist
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I am beginning to use Quick Books for my church financial management.

Resolved Question:

I am beginning to use Quick Books for my church financial management. We are a small church. I need to know IF there is a fund balance report and if there is, where is it, and if there is not, can I make a customized report. I found income and expense, but I want to check Fund Balances each week to minimize errors. I have put the "classes" in. I have a Bank Checking and Savings account but in the checking account I have 4 funds; General Fund, Missions Fund, Building Fund, and Youth Fund.

Can anyone help me?
Thank you,
Mary

Submitted: 1 year ago.
Category: Financial Software
Expert:  RichieMe replied 1 year ago.

Hi there, and welcome to JustAnswer, I look forward to assisting you today with your question and providing the best answer possible.

This is a limitation. you can only apply classes to P&L items.

Since QuickBooks is designed as a small business for profit package, and not a fund accounting package, this is why.

The below link shows various Fund Acctg methods that would pertain to Churches

http://www.bcidot.org/qbb/0601-06.html

Feel free to ask if you need more information please

RichieMe, Financial Specialist
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