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

Michael or Penny Novack stepbystepfarm at comcast.net
Sun Sep 20 12:44:01 EDT 2020


> If one has a lot of separate restricted and/or designated funds it
> must be very difficult to keep track of them all.
>
And don't forget GRANTS. Those are very much like restricted funds if 
the money is received ahead of use AND are almost, if not quite as much 
work, even when in the form of reimbursement grants << ones where you 
track the eligible expenses, prepare a report of those along with 
matching receipts/paid invoices to submit to the entity making the grant >>

With both restricted donations and grants, one of the tasks of the 
treasurer, besides tracking how used, may be to track funds at risk of 
disappearing if not used according to purpose/time. You board may need 
to take actions, including asking the donor or grantor to alter the 
restriction conditions, allow a change of purpose or more time, etc.

Michael D Novack



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