Reconcile "Other" Account
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- New Member
- Posts: 1
- Joined: Sun Jan 04, 2009 5:14 pm
- Location: Litchfield Park, Arizona
Reconcile "Other" Account
We are receiving checks from individuals for Girls' Camp. They are posting to "Other". How can we see the balance for this account?
- Mikerowaved
- Community Moderators
- Posts: 4734
- Joined: Sun Dec 23, 2007 12:56 am
- Location: Layton, UT
Welcome to the forum! Hopefully the funds gathered were placed in a sub-category created for that specific purpose in Other. The Other category can be viewed in MLS by selecting Finance --> Finance Reports --> Income and Expense Report. The sub-categories can be seen by selecting "Summary by Sub-Category" in the "Report" pull-down.
I found the Record-Keeping and Auditing Training lessons to be invaluable in my clerk calling. Under "Keeping Financial Records", they have a great one called "Understanding and Using the 'Other' Category". I highly recommend going through it.
I found the Record-Keeping and Auditing Training lessons to be invaluable in my clerk calling. Under "Keeping Financial Records", they have a great one called "Understanding and Using the 'Other' Category". I highly recommend going through it.
So we can better help you, please edit your Profile to include your general location.
- aebrown
- Community Administrator
- Posts: 15153
- Joined: Tue Nov 27, 2007 8:48 pm
- Location: Draper, Utah
Hopefully you have created a sub-category of Other such as "Other:Girls Camp" that you deposit all these checks into (and from which you will write checks for related expenses). That is the key to tracking pass-through accounts such as this.eallred wrote:We are receiving checks from individuals for Girls' Camp. They are posting to "Other". How can we see the balance for this account?
And I would certainly second Mikerowaved's suggestion to review the training on this topic. The training will cover the topic of sub-categories.
- calebpusey
- Member
- Posts: 83
- Joined: Sun Mar 01, 2009 2:18 pm
- Location: Salt Lake City, UT USA
You might also want to check out this page:
https://tech.lds.org/wiki/index.php/Reconciliation
Welcome!
https://tech.lds.org/wiki/index.php/Reconciliation
Welcome!
Caleb