setting up procedures for restricted cash

Looking for procedures for setting up restricted cash reserve. We need wording for the restricted cash procedure for our church. We have received some money but want to restrict how we use the money...only for dire financial emergency for the church but not in the operating fund.

Comments for setting up procedures for restricted cash

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Aug 16, 2012
Restricted Cash
by: Anonymous in NC

Why not call it Dedicated Emergency Funds? Deposit the funds in a separate account from the operating funds or have an accounting system that keeps that cash for Dedicated Emergencies separated from the operating funds checking account balance.

Aug 16, 2012
by: Anonymous

Thanks. That might work. Thanks again for the comment.

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