Step 3 - Creating new Funds, Activities and Grants - Charitable Company tutorial (ICHA)

Setting up Funds

From the Accounts Production menu bar select Edit | Funds the Accounts Chart screen appears.  Select the ICHA - Incorporated charities chart and click OK. The Funds for COHF01 screen appears.

A default General Fund with an unrestricted fund type exists.

Add a Fund

Select the Restricted tab.  Select New.  Enter the fund details shown below:

Edit a Fund

Select the General fund, this is displayed when the Fund or Unrestricted tabs are selected.  Select View and edit the Fund id by shortening to GEN.  Click OK.

Once all the Fund are entered, Close the screen.

• As each fund is treated as an individual trial balance each fund will need to balance.  There are checks within the system when closing the posting screen and when running a report to ensure the funds balance.

Setting up Activities

From the Accounts Production menu bar select Edit | Activities the Activities for COHF01 screen appears. Select New.

Enter the activity details Activity id TRA and Activity name Travel provision.  Click OK.

Create the following Activities in the same way:

Once all the Activities are entered Close the screen.

Setting up Grants

From the Accounts Production menu bar select Edit | Grants the Grants for COH01 screen appears.

Choose the Incoming tab and select New.

Enter the Grants id LOTTERY,  Grants name  Lottery grant and Grant type Incoming ((IRISPTP sets the defaults Grant type depending on the tab selected).  Click OK.

Once all the Grants are entered Close the screen.