We currently use Quickbooks to pay most bills for our church but haven't yet convinced everyone that Quickbooks is a good overall solution for Church accounting that uses "fund accounting" procedures.
We wondered if Quickbooks is being used by many Churches today? Any ideas
I have had the experience using QuickBooks for church/non profit use, prior to QuickBooks designing and releasing a not-for-profit edition. It is difficult to settle for the terminology the QB Basic and Pro generate. You may want to look into the Not-For-Profit edition if you are unsatisfied. Generally exporting to excel and a little manipulation of titles can do wonders.
I was unaware that there WAS a non-profit edition. We are currently using QB Pro. The handbook has about 2 sentences about non-profit applications. The previous edition's (QB 97) had the advice that non-profits should track things w/ monthly fund balances and left it at that.
I need to adjust the current value of the building (since we just spent close to $2M on a new structure) along with reflecting the land appreciation value. I realize that I need to journal in the values but am uncertain as to what other [type] of account will be involved (other than our buildings and grounds acct) in the transaction. Any suggestions?
Sallie,
This is explained in the help system of QB. Go to help, help index, type in depreciation, accounts to track. Of course appreciation is handled in the same way as depreciation, only increasing in value rather than decreasing.
Hope this helps you
Eddie
