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Thursday, April 4, 2013

Accounting for major events

    There should be a clear, separate accounting of major events and trips.
  • This serves several purposes, including giving budgeting information for future events (how much does it cost to feed the group), prevents surprise draws on the regular budget, and answers any questions or doubts about the finances.
  • Set up a spread-sheet as a template that makes this easy.
    • The “profit/loss” cell then becomes the amount you can expect to affect your overall ministry finances.
    • As a part of the spreadsheet have columns that breaks down any checks that will need to be cut (credit card, one of the counselors, etc).


At some point I may make a sample spread-sheet available to blog participants

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