![]() ![]() Eventually, other users would be added to our credit card. As our church plant grew, so did the number of transactions. Unfortunately, this simple method didn’t last long. Early on, as a church planter with very few expenses, I managed this by simply making notes on incoming credit card statements. Whatever means by which money goes out, it is crucial that every organization account for how that money is spent. Most churches will have some sort of credit or debit card, or they will choose to reimburse leaders for expenses. Whether you are a church planter or a well-established church, your leadership team will need some way to pay for its ministry expenses. If you kept the church repair stuff in a different accounting fund, yes it would show up at the bottom line, but there is nothing that will show what you're asking for in each account budget percentage. ![]() because they are not tied together in any way. So I'm asking if Power Church has a stock report that merges the Income and Expense to give that accurate "Annual Budget Percentage" so I don't have to do all the math and create a report that helps our members understand the spending better. That causes the average joe who's looking at the reports to question, question, question.ĭon't get me wrong we like questions but this comes up EV-ERY-TIME. "you subtract expenses from income to see if there is too much spending or an excess of income to date" Nothing budgeted so the percent doesn't change. The income in question is NOT budgeted income.Ĭhurch Repair (B&G) Exp. What exactly are they expecting to see ?Ĭhurch Secretary wrote:LOL, we all know how the report works BUT there are some that don't like to "do the math". ![]() There really isn't any relationship between the expense and the income except you subtract expenses from income to see if there is too much spending or an excess of income to date. ![]() On the income side, if they estimated an annual income of 1,000, and they have received 400 since the beginning of the year, all they will see is that they've received 40% of the estimated income to date. So if they budgeted 100 for the year as an expense, and they have only spent 200 since the beginning of the year, all they will see is that they've spent 20% of the budgeted amount. On the income side it the Annual Budget Percent will reflect what has been budgeted as income. Is there a report that can accomplish what their looking for?ĭo they realize that the Annual Budget Percent on the expense side just shows how much has been spent so far this year? So what I'm looking for is a report or a way to maybe put Income and Expense side-by-side OOOOOOOOr in their perfect world the percent would accurately reflect the true percent which includes the income and expense. So because there is income for some of the line items and they have to figure it out in their heads they grown.LOL They really do look at more than the percent but that is the biggie. The reason I pull the Income and Expense Statement is because they just want to go through and see the percentage in the " Annual Budget Percent" column to make sure the percent is where it should be. Not all the men understand the report and it seems no matter how much I explain it they just can't get it. I currently pull an Income and Expense Statement report to give to our deacons. ![]()
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