The solution? Smart financial management a simple, consistent process can go a long way2

Smart accounting tips to keep your faith-based organization accountable

Ways to Eliminate Church Expense Insanity3

Establish An Accounting Policy Set expense and spending rules and ownership — and create expense policies to ensure individuals follow through.

Set Authorized Spending Thresholds Require approval for big-ticket purchases (e.g. travel or events), without holding up people’s ability to spend on smaller, everyday items.

Do Business With Preferred Merchants Whenever possible, encourage people to buy from trusted, preferred vendors. It’s a great way to maximize savings, limit illicit expenses and support local businesses.

Track Purchases To Curb Spend AbuseTransparent spending records help people self-monitor their expenses and, in the long run, reduce them.

Periodically Re-evaluate Your BudgetLook for areas where the actual money spent has exceeded the budget and develop strategies to adjust spending.

1 Tracking church leaders’ financial challenges it’s a complex job, requiring back office pros to:

MANAGE AN ARRAY OF EXPENSES … COMMUNITY EVENTS, PANCAKE FEEDS, CARNIVALS, MISSION TRIPS, CAMPS, TRAVEL, EVERYDAY EXPENSES

FROM MULTIPLE INDIVIDUALS … FULL-TIME STAFF, CLERGY, VOLUNTEERS

The Modern Church Leader’s Toolkit Technologies to control and automate financial management3

Expense Management Software Online Accounting Tools Cash & Credit Alternatives Online Payments

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