Teri,
I am treasurer for a non-profit, in the arts. The debit card transactions are things we buy, not payments to us. We have only a few dozen of these a month. I need to enter them individually, so I can allocate to the approporiat cost account.
40 or 50 years ago, these transactions would have been paper checks to our vendors, which is why I am so peeved at Intuit. Quickbooks seems to think the financial world hadn't changed since the 50s.
One note: This year, for the first time, we had a small Gift Boutique at an event (about 300 transactions over 3 weekends). I aggregated the payments made to us in PayPal and entered one transaction per day just to track merchandise sales, PayPal fee, and sales tax collected.
(Check out the Excel function sumifs - It was a brilliant time-saving solution that was better than entering a lot of line level details that I will never need in my financials.)
Gary
