Tracking Projects

[Mike or Penny Novack]

On 7/14/2016 8:05 AM, Michael Hass wrote:
>
>
> I believe there is only one work-around, no direct solution. You have to use the voucher tool and run all the expenses through an “employee”. That can only post to a Payable account so if you’re using a credit card or check for those expenses, you have to post those expenses to a pass-through Payable and then move the balance to whatever account made the disbursement. That makes reconciling a bit hard. A lot of steps.
   I forgot one more perhaps more fundamental question I would need to 
know. Are the organization's books on the cash or accrual basis? << if 
cash basis many of the built in business tools will not be available >>

Micheal D Novack

PS: To give a counter example, another organization for which I an 
treasurer also sometimes does events, but those are tiny and relatively 
incidental to our main activity, and not expecting to make a profit. So 
no "event accounting" needed. There is a rumor that in the near future 
this local will be asked to host the national annual gathering. That 
never happened before. If it does I will decide then, with things like 
whether separate bank accounts, vouchers to national (with the national 
treasurer cutting checks), etc.