![]() When you figure that out you go to Edit/View Budget and enter those amounts. You then need to work with the bishopric to determine how much to budget for each category. Add those estimates to the 1st quarter allocation and the 2013 balance and that will tell you how much you have to use in 2014. The easiest thing is to assume the amounts will be the same as last year unless the size of your unit has changed significantly. ![]() Then you need to estimate how much you'll get for the next 3 quarters. It should be blank except for the balance from 2013, the first quarterly allowance and any expenses that have happened so far this year. Then look at the same report for the current year. This will tell you what the situation was at the end of the year. ![]() In the Date Range field, select Previous Year.Īt the bottom of this report it will show you the balance at the end of 2012, the amounts of your budget allowances during the year, the amount you spent during the year and your balance at the end of 2013.On the Budget panel, click Budget Report.If you are in US or Canada, the first thing I would do is to view the Budget Allowance Summary Report for 2013: If you're in some other part of the world, it's possible that things work differently. Making adjustments between different budget categories won't change that amount. However, if you had a balance or deficit OVERALL then that will change how much you'll have available to use in the budget the next year. In the US and Canada at least, the budget categories all get reset to 0 at the beginning of each year. You're profile doesn't say what country you're in. But it looks like it had the opposite effect and double dipped the expense? Many of the budget line items have balances on them which I assume are from previous years, but they show a balance in them in my 2013 budget report, so I tried to assign expenses to them in an effort to erase any accounts that were negative, but this seems to have made a big mess of things and now it seems like I have not only lost my carryover, I start the year off in the hole? What exactly did you do when you 'allocated expenses' to the budgets? Were these new checks? Where they transfers from other accounts? If so, from what accounts?ĭguaton74 wrote:I had some budget line items that were negative, for example, Ward Christmas Dinner was negative 400 for the year, but I had a positive balance in another budget line, so ai went in and edited the expense and assigned it from the ward dinner budget to the other budget line item that had a balance remaining to "use" those funds. ![]() When my financial statement came out for December, it looks like I am now in the hole for the year 2013, and my 2014 first allocation is now reduced by that amount? The last budget report ran in mid December 2013, I had about 1000 total left in my various budget line items (YM, YW, etc), but now it looks like now only did the adjustments I made late in the year "double" dip the 2013 budget, I lost the carryover from 2013 and now start the year with a deficit? Where can I get some help? I have tried the old ward clerk, and have had no luck getting him to help, and I called the stake finance clark, and have yet to hear back from him. So I tried to allocate expenses to these old budget items to "use" up those old funds. When I ran my year end budget reports for 2013 I can see many categories with balances, some that look like they are even from 2012 carryovers. Any help? Or explanation? Thanksĭguaton74 wrote:I am relatievly new to the role of finance clerk, and have never been trained on budget allocations etc. I am relatievly new to the role of finance clerk, and have never been trained on budget allocations etc.
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