Anonymous
Not applicable
March 21, 2019
07:12 AM
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Other questions
Could items be used as well? Or would it be better to use jobs?
Here is an example of an entry:
Type Date Memo Account Class Amount
General Journal 1/1/19 Grant code 110.8 Rent State Grant 1000.00
What they are doing is to print a detail profit and loss by class and then they manually pick out the codes in the memo field and add them up on a spreadsheet. The reason for this is that the accounts (like rent, office supplies) don't match the categories that are used to bill the grants.