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
1Comments
Depreciation & Annual Budget
FFiscalSolutionsLLC, NJ
It should be included, since it is still an expense of the church and affects equity.