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Replying to:
Rainflurry
Level 15

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@qbofree5-gmail-c 

 

I have been a treasurer for a couple of HOAs.  Reserve funds should be recorded as equity.  If you know the amount when you deposit the funds, you can assign the Reserve equity account to the deposit.  If they were recorded as something else when deposited, they can be moved with a journal entry.  Let me know if you need more help with this.  

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