@Rainflurry 

I really appreciate your expertise here. I've been pondering this for a few years. The first time I do a JE and debit the Reserve expense account (was just a type=bank, savings on the balance sheet, shown as income) to credit a Reserve equity account it will show a VERY inflated number, since it is many yrs of reserves. Do you have a suggestion? I can see the benefit of doing this each year, with the 20% of dues that needs to be set aside in reserves according to the by-laws, but the first entry seems like it is going to throw everything on the P&L! Especially when I need to report to the whole community.