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Question about format on local church financial statement |
bonnie knox |
Under what category is it best to place the ToT on the local church financial statement? Our recent statement has is located under "Missions Expenditures." I would like to suggest we put it in another category to more accurately reflect what the ToT is allocated for.
Can someone tell me what percentage of the ToT is allocated for missions? |
[Insert Acts Pun Here] Posts: 14803 3/3/16 7:42 pm
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diakoneo |
Franchise Expense |
Golf Cart Mafia Consigliere Posts: 3382 3/6/16 7:14 am
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Cojak |
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Cojak |
It's been over 50 years since I was involved in church finances, but Missions Expenditures seems a strange place for it, but I reckon it could be interpreted that way..
Evidently no one on the forum knows for sure where it goes!!!!!!
I know the OTCP says they pay TOT and on time, you'd figger he knows. _________________ Some facts but mostly just my opinion!
jacsher@aol.com
http://shipslog-jack.blogspot.com/ |
01000001 01100011 01110100 01110011 Posts: 24285 3/6/16 5:32 pm
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wayne |
How about the ToT category and have someone explain to the congregation what that means? Our church knows we pay a certain percentage to our state and general offices. |
Acts Enthusiast Posts: 1274 3/7/16 8:22 am
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bonnie knox |
We have a congregation that runs about 150 on Sunday morning. Typically, we have just a small handful of people who attend the financial meetings. I say that to say most people don't know the specifics of the finances and apparently are not concerned about them. Our congregation is very generous and very trusting (or just blissfully ignorant?), generally speaking.
The financial statement does indeed specify that 5% is going to Cleveland and 5% is going to the state office. However, I'm not going to suggest that is moved to another category besides "missions" unless I can be specific about what percentage does and does not go to missions. Otherwise, the response might be, "Well part of it goes to missions, so we'll leave it in the category it's in."
wayne wrote: | How about the ToT category and have someone explain to the congregation what that means? Our church knows we pay a certain percentage to our state and general offices. |
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[Insert Acts Pun Here] Posts: 14803 3/7/16 9:34 am
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Quiet Wyatt |
In my experience, it has always been placed in the category of "Tithe of Tithe," with subcategories for "International Offices" and "State Office," which, while obviously true, still might need some explanation for clarity. |
[Insert Acts Pun Here] Posts: 12817 3/7/16 10:11 am
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