Oct. Stake Financial Summary
Posted: Fri Nov 12, 2010 12:34 pm
1. It sounds like some of you stake clerks are able to get all your stake and ward finances straightened out at this time. I am not. So am I missing some reports or are they still in the mail? I have received a Quarterly Local Unit Budget Allowance Report dated 11 Nov, a 30 Sept. Stake Fin. Summary and additional instructions for CUBS dated Oct 26.
2. I read recently here that as we add up all budget allowances to the wards for the year and subtract what they have spent through Oct. 17. We would then write the wards the difference. Correct?
3. In order to do this we must have a Stake Financial Summary (sfs) for Oct. to see what the wards have spent through Oct. 17. Correct?
2. Would this come in 1 part for the whole month or 2 parts (Oct 1-19 and Oct. 20-31)?
3. Will this come via the stake pres. by mail or by MLS?
4. It sounds like some of you have received this information but as of today, Nov 12, I have not. I am in Cal. Is it still on its way?
5. One ward did not complete their June 2010 quarterly report until this mo. I received a Budget Allowance Adjustment dated 4 Nov that said that that information was received and the ward would get X dollars and the stake would get Y dollars according to the % that I had entered into the computer. This ward allotment $X is what I would have given that ward as a 4th qtr. allotment, but since it came in after Nov 1 does this mean the church has already given the ward their amount? (I have no report saying that is so.)
5. So as I figure out as in #1 above what I owe each ward, will I subtract this amount $X from what I owe that ward since the church has already credited them that amount? Or do I calulate what I owe that ward just like the other wards assuming that they have not received $X on their books for the 4 Nov. allowance?
Signed, Still Confused
2. I read recently here that as we add up all budget allowances to the wards for the year and subtract what they have spent through Oct. 17. We would then write the wards the difference. Correct?
3. In order to do this we must have a Stake Financial Summary (sfs) for Oct. to see what the wards have spent through Oct. 17. Correct?
2. Would this come in 1 part for the whole month or 2 parts (Oct 1-19 and Oct. 20-31)?
3. Will this come via the stake pres. by mail or by MLS?
4. It sounds like some of you have received this information but as of today, Nov 12, I have not. I am in Cal. Is it still on its way?
5. One ward did not complete their June 2010 quarterly report until this mo. I received a Budget Allowance Adjustment dated 4 Nov that said that that information was received and the ward would get X dollars and the stake would get Y dollars according to the % that I had entered into the computer. This ward allotment $X is what I would have given that ward as a 4th qtr. allotment, but since it came in after Nov 1 does this mean the church has already given the ward their amount? (I have no report saying that is so.)
5. So as I figure out as in #1 above what I owe each ward, will I subtract this amount $X from what I owe that ward since the church has already credited them that amount? Or do I calulate what I owe that ward just like the other wards assuming that they have not received $X on their books for the 4 Nov. allowance?
Signed, Still Confused