Other pass-through subcategories
Posted: Wed Jan 23, 2013 10:03 am
I am learning that the stake has several opportunities each year to collect checks from the local units, and submit a group check to another organization. What is the best way to ensure these funds balance? We have used spreadsheets to track the balances, but it is confusing.
For example, when the units submit orders to the Home Canning Center, they write checks to the stake, and the stake pays the Home Canning Center with a single check.
As another example, the units pay the stake for YW Camp, and the stake pays for all Camp expenses. I think we may have a similar situation with Youth Conference, Scouting, etc.
Maybe the answer is to create a large number of "Other" categories, deposit each check from the units into the appropriate category, and then write the stake check using those Other categories. I am too new at this to understand how this all works.
For example, when the units submit orders to the Home Canning Center, they write checks to the stake, and the stake pays the Home Canning Center with a single check.
As another example, the units pay the stake for YW Camp, and the stake pays for all Camp expenses. I think we may have a similar situation with Youth Conference, Scouting, etc.
Maybe the answer is to create a large number of "Other" categories, deposit each check from the units into the appropriate category, and then write the stake check using those Other categories. I am too new at this to understand how this all works.