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Year End closing!
Year End closing!
Last post 05-24-2006 2:13 PM by
Jindu Okwumabua
. 0 replies.
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05-24-2006 2:13 PM
Jindu Okwumabua
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Organization: National Foundation for Teaching Entrepreneurship
Year End closing!
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We initialized the blackbaud with balance sheet and total assets tied with Liabilities & Net assets. However, Net assets section for the three funds does not tie to our begining balance. It appears that the system is creating for the three funds a closing net assets accounts as if we had income and expense.Note that we have multiple net asset divisions. Does anyone knows why the system is creating a closing account and how do we correct this.
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