"I did, however come away asking where in the cycle of the year, either monthly or annually, do the Unrestricted Net Asset equity and Temporarily Restricted Net Asset equity accounts get populated."
On any date you run the Balance Sheet "as of" you see that the Net Income from the P&L (income statement) is also reporting as Net Income in Equity. On the first date of the new fiscal year, as I explained, this is "rolled into" Whichever of your Equity accounts really used to be Retained Earnings = the one Not Opening as a Register View. The Program does this. That's why you are the one that needs to rebalance them if you are going to use rebalancing equity as part of the methodology. So, the question of, "Where in the clcye does this happen?" Is going to be answered as, "When you Date your activities and how often you do them." I noted it can even be with every transaction where that change needs to be reflected. That Church Accounting guideline was monthly, if I recall right.
"In the entire main part of the course material (not in the appendix) there was only the reference to these accounts in the initial setup."
In the Appendix, I see it in lesson 43.
"but I am having difficulty understanding what the problem is with maintaining QB sub bank accounts"
You are the one that asked about meeting your accountant's request. You would have to ask that person why they want you to use Equity Rebalancing. As I noted, it is a valid method or strategy that doesn't Have to be used at all. I also explained the differences between Pro and Premier. You are using micro-management of banking as Rows, which doesn't need to be done in Premier, because Premier shows it as Columns in the "By Class" reporting. Pro needs it to be managed by subaccounts, because Pro does not manage Balance Sheet By Class.
"by specific grant"
Grant is Customer, or Customer and Job tracking. That way, you can run, for instance, P&L by Class, filter on Name = County, to see all Program funds provided by county grants. Or, P&L by Job, filter on Program = Food Bank, to see the columns for each Grant you received that was a funding source or source of spending for the Food Bank.
"Returning to your response, you indicated I might gain insight into looking at the form our entity files."
Get the UCOA. Get the UCOA keywords Excel file, a great cross-reference resource.
"We are rather a small religious organization and what ever tax forms are prepared are done so by our payroll company."
These are Resources that help you understand the types of terminology and how that applies to operations and activity tracking and reporting. That isn't Payroll. That is understanding how to set up and manage Activities using some standards that apply in your Industry. Just like manufacturing has Work In Process, Bills of Materials, and Costs of Goods Sold, you have standard terminology and tracking references.
"We are not required to file a 990"
Think of this as a dictionary and a Thesaurus and a Look Up Cheat Sheet. No one stated you Must File anything. What I state in my classes is, you cannot report what you did not track.
"We do, however have donors and search for grants that require us to maintain standard reporting."
There you go!
