CMS Fund Accounting - Income Minus Expenses Does Not Equal Current Period Changes

PROBLEM: Income minus Expenses does not equal current period changes.

 

SOLUTION:  The most common reason that Income - Expense <> Current Period Changes is because an account with activity for the month or a balance was made inactive. 

 

Reprint the Statement of Activities but include the Inactive History Accounts (check the box under the Preferences button).



If the balances are still off then run Recalculate year. Make sure you have a recent backup of your system before you begin this process.

Click File | Utilities | Recalculate Year | Finish.



This process will recalculate all vendor and account balances. 

 

If that doesn't fix the problem contact Church Management Solutions for additional help.

Have more questions? Submit a request

Comments

0 comments

Please sign in to leave a comment.