Non-Profit
Time-Based Restriction Release
Releasing a time-restricted donation when the specified time period has arrived.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Net Assets Released — Time Restriction (With) | Equity (-) | 5,000.00 | - |
| Net Assets Released — Time Restriction (Without) | Equity (+) | - | 5,000.00 |
💡 Accountant's Note
Some donors specify that funds may only be used after a certain date. When that date arrives, the time-restriction is automatically lifted with this reclassification entry.
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