Help me understand the allocation process
Posted: Thu Feb 03, 2011 8:06 am
I'm the new finance clerk in a new ward in a newly organized stake and I'm a little fuzzy on the details of budget allocations. We're all new to our callings so we're learning a lot along the way. Some questions:
How is my budget allocation received from the stake? From reading around in other threads it seems like I should either have gotten a check from the stake, or I should see the budget amount show up somewhere in MLS. But our stake clerk says no, we don't get a check, and nothing will show up in MLS, the funds are "just there".
Looking around through MLS I see no indication anywhere of funds received from the stake--nothing in Messages, not on Income & Expense Report, not on Financial Statements, not in View/Edit Budget, etc. So do I just go into View/Edit Budget myself, and manually enter the budget amount at the bottom in "Budget allocation"? If so, do I enter the yearly or quarterly budget amount? And then divy up that amount in the budget categories listed above?
Sorry for my vague questions, thank you for any insight.
How is my budget allocation received from the stake? From reading around in other threads it seems like I should either have gotten a check from the stake, or I should see the budget amount show up somewhere in MLS. But our stake clerk says no, we don't get a check, and nothing will show up in MLS, the funds are "just there".
Looking around through MLS I see no indication anywhere of funds received from the stake--nothing in Messages, not on Income & Expense Report, not on Financial Statements, not in View/Edit Budget, etc. So do I just go into View/Edit Budget myself, and manually enter the budget amount at the bottom in "Budget allocation"? If so, do I enter the yearly or quarterly budget amount? And then divy up that amount in the budget categories listed above?
Sorry for my vague questions, thank you for any insight.