Transaction Examples
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Link: Return to Accounting Manual
Income
| Account Ledger | Description | Transfer Account | Debit | Credit |
|---|---|---|---|---|
| Grant | ||||
| Equity:Funds Granted:(Name) Foundation | Grant from the (Name) Foundation | Assets:Current Assets:Cash:General Checking Account | N/A | $100,000 |
| True Fans Contribution | ||||
| Example | Example | Example | Test | Test |
| Individual Donation | ||||
| Example | Example | Example | Test | Test |
| Sale - Machine - Tractor | ||||
| Example | Example | Example | Test | Test |
Expenses
| Account Ledger | Description | Transfer Account | Debit | Credit |
|---|---|---|---|---|
| Construction Materials | ||||
| Equity:Funds Granted:(Name) Foundation | Grant from the (Name) Foundation | Assets:Current Assets:Cash:General Checking Account | N/A | $100,000 |
| Equipment - Welder | ||||
| Example | Example | Example | Test | Test |
| Utility Bills - Water | ||||
| Example | Example | Example | Test | Test |
| Gasoline - Generator | ||||
| Example | Example | Example | Test | Test |