HOW DID YOUR KH/CONGREGATION ACCOUNT ITS MONEY ETC?
ACCOUNTING PROCEDURES IN YOUR CONGREGATION/KH?
by badboy 5 Replies latest jw friends
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IP_SEC
There is a set proceedure. An internal accounts servant, the PO, auditor, and CO (Co doesnt do much but scan.)
I always got stuck with the audit. (quarterly)
You are provided with all of the contribution slips, the checkbook, EFTs, and accounts.
You check the ins and the outs and make sure they were coded right. Check the math, and make sure the PO initialed all of the statements.
Thats about it.
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WTWizard
Anything in excess of $3,000 was sent to the Worldwide Pedophile Defense Fund, even if needed for local expenses. If they don't reach $3,000, they have a hounding talk telling people that they need to empty their bank accounts and max out their credit lines to fund that Worldwide Pedophile Defense Fund.
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Midget-Sasquatch
I'd have to wonder if that expectation of sending anything over $3000 was just in the KHs that you've gone to..because when I was accounts servant in a congregation in Ontario Canada that was never the case.
We had boxes labelled specifically for "congregation" (our own KH expenses), "world wide work", "kingdom hall build fund" (for construction in other parts of the world), and a fourth one once when all the congregations were raising funds to renovate the shared KH.
Each congregation had their own accounts with money fluctuating but I also maintained a second and a third account that had joint contributions. Those other two easily were over $11,000 CAN for months on end before major renos were made.
The congregation account was barely over $2000 because most of the dubs were cheap skates. These were not poor starving people. Most were middle class and a few were well to do. It was mostly two families who repeatedly bailed out the congregation from failing to meets its share of expenses because at least 60% of the people were not putting anything from what I saw. I put in my small amount of the KH itself.
The WTS though could go to hell and I loved to over order mags and crap like that when I had that stint. They didn't keep me long on that one.
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NewYork44M
Anything in excess of $3,000 was sent to the Worldwide Pedophile Defense Fund, even if needed for local expenses. If they don't reach $3,000, they have a hounding talk telling people that they need to empty their bank accounts and max out their credit lines to fund that Worldwide Pedophile Defense Fund.
I was an account servant for over 10 years. While what is described above does happen, there is no stated policy from the society. Although, I am sure it is encouraged by the COs. I came from a poor congregation so we never did anything like that. The overall accounting controls are pretty good related to cash handling. That is if bros follow procedures and the ones doing the audits are smart enough. I work as an auditor and always am thinking about ways to bypass controls. The audit should catch most problems. But the quailty of the audits vary. In my years of controlling the accounts I never had an elder suggest a funny deal. But if ther was collusion between the account servant and an elder, it would be pretty easy to do some funny stuff. The one area that I did not follow strict procedure had to do with the change dropped in the box. I would always pick up paper money but generally ignored the change. I let the other congregation worry about that. Once they caught on they also left the change in the box.
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Midget-Sasquatch
The one area that I did not follow strict procedure had to do with the change dropped in the box. I would always pick up paper money but generally ignored the change. I let the other congregation worry about that. Once they caught on they also left the change in the box.
Yeah, I did that too for the WWW and the KHF boxes. But I got burned big time with the 4th box specifically for the renovation. I was the only one collecting that one. It was embarassing to make deposits. Some of those tellers were uber hot and being associated with the WTBTS was bad enough, then walking in with small coins made me look patheic and miserly. Like I ever had a chance with them notwithstanding.