Today's date is October 18, 2006
Control Spending resources for Ministries from this web site: http://www.qbuxbox.org
Let's say that you are one of the "Small Christian Ministries" (SmallMins) mentioned below -- or you handle $500,000 or less per year. When you click on the following type of SmallMins, you will have access to some in depth information via www.bcidot.org that I have earlier shared about their help:
Churches
Mission Organizations (or like kind of publically supported Christian Ministries),
Christian Camps/Retreats
Christian Schools (who generally have 100 or fewer students).
Click Here for Christian Schools "Accounts Receivable" InformationLet's further suppose that $400,000 of the annual $500,000 is “General Purpose Fund” money that is under budget control and the "Board of Leadership" decides how it is to be spent. The remaining $100,000 is “Special Purpose Funds.” and the use of this money is Restricted (by Donors) or Designated (perhaps via the Leadership's "SetASides" process).
Minimally, you need a system that keeps you informed, at least weekly, as to whether or not you have money to spend on "Board of Leadership" prioritized "General Purpose Fund" expenses (Click Here and learn about such a system). It further assures everyone concerned that the "General Purpose Fund" does NOT inappropriately spend money that belongs to the "Special Purpose Funds."
Please access below the type of SmallMins CHARTS (Remember, these provide "Where are we now" and "Where have we been" information) that meet a vital need as you use such financial reports to make your spending decisionsChurches - - - - - - - - - - - - - - Click Here and view CHART samples
Mission Organizations - - - - Click Here and view CHART samples
Christian Camps/Retreats - - Click Here and view CHART samples
Christian Schools- - - - - - - - - Click Here and view CHART samplesPlease Click Here for information about Clergy Payroll matters. Ask us for information about recommended Online Payroll options. As applicable for non-Church SmallMins, ask us about using the QBooks Class feature to account for the necessary Functional Expense information required to annually file IRS Form 990. Some of you will also want information about the use of this QBooks Class feature to show types of expenditures in compliance with annually approved budgets.
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