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ClintBarton 07-18-2018 04:23 AM

Ongoing program supported by fundraising

I am trying to come up with a way to account for a fundraising program that we run for Samaritans purse Shoe Boxes. We do a lot of fundraising (income) throughout the year and then purchases (expenses) are made for the shoeboxes and there is often a balance left in the "shoe box account" that doesn't really exist because we are currently just using an income and expense account to keep track of all the activity. These two accounts together do not tell me the full picture because, in reality, there was a balance of fundraised money available to them to use from the previous year's fundraisers. I don't really want to open up a separate bank account for them. How do you suggest I account for this?

Any help will be apprecited.

I didn't find the right solution from the Internet.

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Thank you.

Marine72_81 07-19-2018 10:20 AM

Leave that up to your church not here on this web site..

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