The Church of Jesus Christ of Latter-day Saints

Anyone else unable to do any financial transactions or reports after closing the fiscal year? At least two wards are affected in our building.

Thanks for the help all. We were caught off guard with the new audit question pertaining to this video. Does anyone have citation to an official communication or other letter detailing the requirement? It's troubling that we have an audit question about a new policy that is not documented anywhere.

Provisions to fund the week long camp for YM & YW (and primary age day camp) have not changed in the General Handbook of Instructions. Units may still hold fundraisers if the ward budget and individual families cannot cover the expenses. Carryovers should be small amounts. I've dealt with wards ...

lajackson wrote:

mbatemantx wrote:I thought that we had to have them distributed or postmarked by Jan 31 to the recipient?

That is the Internal Revenue Service requirement. I would just hand them out on the first Sunday after you receive them.

And to add to that; mail any you are unable to hand deliver before the 31st.

Unlike your personal budget, there is no reason to bank excess budget funds. I have spent over a decade serving as either a ward or stake financial clerk. In bishopric training, after our bishops were not spending their allotted funds, I felt inspired to share the parable of the talents and testify ...

BSA guidelines specifically state no individual fundraising accounts. Even if he participated in a group fundraiser, he has no individual claim on a portion of the group funds. If he donated personal funds to pay a portion of the camp, then that should be refunded, but technically, he didn't earn an...

The issue here is The Church does not certify the tax status of this type of donation (as with any donation entered into an "Other" account). That's not really an issue if the donor is willing to write the check to The Church on behalf of the troop. The donor can still maintain documentati...

Thanks. His wife only served the senior couple mission, so that’s likely the reason.

Conducting Tithing Settlement, and an older brother asked if both the mission he served as a youth and his senior mission should be on the IOS. His wife's reports the senior mission, but his only shows the youth mission. Should the IOS show both, or will it only show the first mission a member compl...

The OP doesn't say what type of clerk his assistant is, but following GAAP (i.e. standard US accounting principles), the clerk paying the bills usually cannot place orders. This separation of duties prevents a single individual from placing an order and being the same person who reviews and reconcil...