IraS1@aol.com wrote:
> In a message dated 04/08/08 11:59:36 A.M. Eastern Daylight Time,
> foxmoor@bivio.com writes:
> We have
> a member withdrawing and I'm following the One
> Minute Treasurer notes on
> how to do that. Things were
> rocketing along until I came to this
> field,  "Account:  The
> account used to fund the cash portion of
> the withdrawal"
> field.  What displays underneath is our broker's name
> and
> balance.
>
> Since this will be a full cash withdrawal and we have
> the
> funds in our brokerage account to cover this, do I have to
> somehow
> change the Account field from our brokerage to
> "Member Withdrawals". 
> If so, how do I change it... it won't
> let me.  There must be a "Bivio
> for Dummies" out there
> somewhere.  Thanks, Sherry
> You leave it alone. Your broker account is the one being used to fund the
> withdrawal.
>  
> Ira
> Smilovitz
>
Ira, I did the above. Now the account-sync summary report
has an unidentified debit for the check I wrote on our
brokerage account to pay our member her withdrawal amount in
cash. What is the correct way to post this unidentified
expense - do I choose account transfer, expense, or member
withdrawal? I already have a debit on the journal for the
same amount from running the member withdrawal process
before I wrote the check. How do I make sure I don't wind
up with the same debit on the books twice? I really
appreciate your help! You can tell I'm not an accountant...

Sherrill