NTS adds up tax deductible contributions posted in the Contributions module of NTS. The Annual and Allocation reports will show $0.00 income if nothing is posted in Contributions. If you do not use the contributions section of the software, then see the link below for another option.

Within Contributions, each Fund can be designated as a tax deductible fund or as a non-tax deductible fund. It is not necessary to post rent money, in/out money or other "non-income" into the Contributions side of the program. However, for various reasons, some users choose to post this money into contributions. This is fine. You just need to be sure that the Funds in Contributions, for the non-income money, are setup as non-deductible funds. To see how your funds are setup or to change the setup on your contribution funds, please see Contribution Funds Setup.

On the Allocation Report, the total of all tax deductible money, including Faith Promise, 10% mission specials, etc, is reported as the Gross Income at the top of the report. To see all the funds included in the Gross Income, click the button next to the gross income. The Annual Report will show the same total as "Total Income".

To see what is considered income by the General Church, please review the Funding the Mission - Definition of Income document provided by the General Church.

Income on the Periodic Financial Report has not changed. This report will report all income regardless of the source of the income. The report uses the criteria below to calculate income.

For prior versions of NTS, income is calculated by adding deposits, interest, and income adjustments. All deposits except for Expense Credit (EC) deposits are included in the total. If there are any negative income adjustments, they are subtracted from the total income.

To see income reported for each individual internal account on the Annual Report, click the "Show Linked Internal Accounts" check box at the top right side of the Annual Report window