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Author: iski2000 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 7258  
Subject: Units question Date: 2/14/2000 10:05 AM
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I am treasurer of my investment club and use the
NAIC software. At a NAIC meeting I attended I was
told that the extra funds used for buying software,
parties or whatever, should not have been put into
the software as Petty Cash but as a Fee. So I went
home and changed all those payments to Fee's. Ever
since then when I put our monthly payments in instead
of giving 30 dollars 3 units its somewhat less and
it is different for different people in the club.
Obviously, I'm no accountant, help???

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