quickbooks premier for nonprofit

Aug 15, 2005 2 Replies

I am asked to use an existing quickbooks nonprofit setup for bookkepping. I seem to not understand the following:



The Chart of Accounts includes the "bank account" (type Bank), "account receivible" (type Account Receivible) as well as "service A" (type Income), "service B" (type Income) etc. In the payment dialog I'm only able to choose the "bank account" and do so. Then, the payment (Receive payment) is deducted from the "account receivible" and booked onto the "bank account". But nothing happen to the "service B" Account.



My understanding was that the amount in "bank account" increases as the amount in "account receivible" decreses and the the service Accounts increase with payments.



What do I miss here, why are the "service A" and "service B" accounts without any balance?



Achim



This is a *Quicken* newsgroup, not a Quickebooks newsgroup. I suggest you locate the Quickbooks newsgroup and post your questions in there.

"Achim" wrote

(snip)

Ask here: alt.comp.software.financial.quickbooks

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