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Designated Funds

by Faye
(Georgia)

Hi. On our Treasurer report each month the Children's budget is listed ex:$2,500.00 & ex:$1,300.00 is used so far this year. On the final pg is the designated Children's fund of ex:$2,595.00. Those $ rolled over from previous year& zero$ have been collected this year. At the end of this year ex: $2,200.00 out of the budget has been used do I subtract the $2,200.00 from the $2,595.00? Help I am very new @ this & just got put unexpectedly in this position. I have downloaded your accounting program.
Thanks!

Comments for Designated Funds

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Sep 13, 2013
 Designated Funds
by: Anonymous in NC

Your information is unclear to me. What report are you describing? What does "ex." stand for? Is it expense, extension, or example? Try to rephrase your question. Thank you.
Sep 13, 2013
 report
by: Anonymous

It's the expense/income report used in conference. The ex is for example. Sorry
Dec 06, 2013
 designated funds.
by: Jeff

When the congregation is encouraged to make an annual pledge to missions above and beyond the tithe, using the "Faith Promise" concept (God will give through you what he will not give to you. You promise a reasonable amount in prayer and he provides using you as a channel so to speak)...and then the fund created for missions is used for other concepts, is this illegal?

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Join in and write your own page! It's easy to do. How? Simply click here to return to Church Accounting FAQs.

If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.

Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)



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