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    dhatchetjones's Avatar
    dhatchetjones Posts: 1, Reputation: 1
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    #1

    Nov 29, 2016, 07:56 AM
    Non profit accounting
    How to book restricted or temp restricted funding

    How should I book restricted and unrestricted funds?Then release when spending is accomplished
    paraclete's Avatar
    paraclete Posts: 2,704, Reputation: 171
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    #2

    Dec 3, 2016, 09:32 PM
    Restricted funds create a liability until spent for the specific purpose therefore you would credit them to an account such as Unexpended Grants in the current liabilities

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