Depreciation and annual budget

by Lucy
(TX)

Should depreciation be included in the annual budget or left as an unbudgeted item since it is not a cash outlay?

I understand that it has to be expensed and will affect the bottom line whether budgeted or unbudgeted

Comments for Depreciation and annual budget

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Jul 01, 2013
Depreciation & Annual Budget
by: FiscalSolutionsLLC, NJ

It should be included, since it is still an expense of the church and affects equity.

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