August 10, 2010 – 6:21 pm
Power Church is based on cash accounting, not accrual accounting. You can google the two terms to see what the difference is. The idea of keeping track of “receivables” comes with accrual accounting. There is a module in PowerChurch called “Accounts Receivable”. This differs very little from the Contributions module, except in terminology. It has [...]
Envelope numbers can be added “on the fly” in Contributions / Enter Contributions. At the far right, in the center of the “Enter Contributions” screen is a green plus sign (PowerChurch version 11) that will open a window and allow you to enter a contributor. The envelope number picked will be the next in the [...]
I am starting to compile a list of frequently asked questions that people ask on the forum about PowerChurch Plus. To begin with, there are basics, like “What is a double-entry accounting system?”, and “What are debits and credits?”. I will refer to this page in future posts, so that this forum will not be [...]
The “View Posted Transactions” menu in Fund Accounting is a handy tool for making corrections in Power Church Plus. Transactions can be searched for with the “Filter” and an automatic reversal entry can be entered when you click on the “Reverse” tab. The Transaction notes can be view in the Transaction Detail tab. It is [...]
Simple depreciation entries can be made by taking the purchase price of an item and dividing it over the number of years that it will be in use. There are some guidelines for “length of use”, but nothing written in easy-to-read language, so use good judgment, and you will be fine. When you buy a [...]
Since making backups on PowerChurch Plus is a fairly simple operation, please do so frequently. Our backup routine involves backing up after every use (our administrative secretary enters the contributions weekly, and our bookkeeper cuts checks weekly). That’s at least two backups every week. They backup to the network drive (which is allowable after PowerChurch [...]