by Sharon
(Florida)
In a previous church as the Business Administrator our system had a fund set up for pass-through monies. For example, Altar Flowers, people paid for them and then the church paid the florist. It was named IN/OUT Fund.
At year end the remaining balance was rolled over to the new year. Have other churches used this system? What was your experience?
Comments for Do any other churches out there utilize a "IN/OUT" Fund for monies that pass through the accounting system?
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