@RainflurryMaybe I misunderstood your question... the original reserve accounts were on the balance sheet as bank account, not as an expense. When I create the ...
@RainflurryYes, I've kept separate bank accounts for the Reserve funds. It started out as a Money Market account, but now we keep a few, as we have more in rese...
@RainflurryI really appreciate your expertise here. I've been pondering this for a few years. The first time I do a JE and debit the Reserve expense account (wa...
@RustlerI understand what you are saying for the balance sheet. But in our HOA, the amount to go in reserves is a percentage of the annual dues collected. How d...
