Non Profit with Savings Accounts to hold Restricted Funds until they are unrestricted. - Ask and Answer Questions https://aipb.org/community/bookkeeping-general/non-profit-with-savings-accounts-to-hold-restricted-funds-until-they-are-unrestricted/ American Institute of Professional Bookkeepers Discussion Board en-US Tue, 21 Jul 2026 23:09:40 +0000 wpForo 60 Non Profit with Savings Accounts to hold Restricted Funds until they are unrestricted. https://aipb.org/community/bookkeeping-general/non-profit-with-savings-accounts-to-hold-restricted-funds-until-they-are-unrestricted/#post-1212 Tue, 24 Nov 2020 20:56:51 +0000 I have a nonprofit client who is using their savings account as a holding for money received.  They would like to show this as Temporary Restricted Funds account on their Balance Sheet.  She used a journal entry; but that is taking it out of savings and putting it in the equity account.  How can the funds be moved into that equity account without moving it out of Savings?  Is this possible? Or should the savings account be the Temporary Restricted Funds account?

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