[GNC] New user - anyone else using GnuCash for PCC (church) accounts? Advice?

[Michael or Penny Novack]

> The "restricted account" you are referring to is probably a "fund".  Monies
> collected for a specific purpose and meant to be used for that specific
> purpose only.  These are accounts that need to be kept in the Equity
> section.

Actually, there are SEVERAL ways restricted funds may be accounted for.

A lot will depend on the answer to two questions.

a) Do these funds have their own bank accounts?

b) What are the rules of your jurisdiction as to how restricted funds 
should appear on the balance sheet.

Those answers will determine what options remain for accounting for 
restricted funds.


Michael D Novack