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Hi Everyone,
Just joined the forum so here is a question that has been buggging me for a short while.
I work for a country wide family Couselling Service who obtain grants from fund providers. The amount received from them is restricted and therefore is entered into short term creditors. At the month end the expenditure is transferred to an income line through the Project Bank. The problem that I am not comfortable with is the action within the transaction relating to the dept/fund i.e. income alotted to department and also to project, the corresponding transaction is alloted to the short term creditors nominal but does it also go to the project and cost code? The history in the account does not show that system as it is charged to the dept and then to the general fund. Any suggestions?
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