New to projects. I have a few questions about set up. We are a non profit and rely heavily on donations.
We aim to allocate all/ most chart of accounts to a project code instead of using sub accounts. We have been using the feature for fiscal year 2022 (Jan - Dec)
Firstly; once you set up a project to run each fiscal year, every year, with balances resetting to 0; do you reset the project start and end date each year according to the fiscal year?
Secondly ; In some 4000 allocated accounts the revenue needs to be carried forward for the project to new fiscal year 2023 - Do i leave the start date as whichever historical start date with no end date or enter a new year start and end date in the project box and input the c/forward amount in the 'revenue.'
If so, perhaps I can do the same for c/forward 5000 expense accounts?