In our cong it is seen to be, 'let's keep just what we need for bare overheads, and send all the rest to the new account.' Trying to figure out just what we would need to cover a few months expenses, what with co's expenses etc. What is hard for us is that we no longer have a congregation account. The only accounts which have relevance for us now are this new account which is, to all intents and purposes , run by the branch office, and the Joint Operating committee account, into which we only send a fixed amount each month. So if we send any extra to the new central account, we cannot access the money without a request to the branch.
thedog1
JoinedPosts by thedog1
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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58
New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
I'm surprised that it is not in action in the US so far. Maybe there are laws there that make it non-applicable. It is definitely going ahead in other countries.
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
I have got to say as a current Witness in good standing and an elder, it worries me deeply that this has happened. Maybe there is some provision for congregations that can't meet their expenses to be helped out, if they can't meet their expenses then that would be obvious in their transactions in the bank account, I think. Their need would be offset by the surplus of others, as the NT mentions. But if it is simply to suck up any available cash then...
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
Our cong does not have an agm where accounts are discussed. Accounts reports are compiled each month and read to the congregation. Amounts paid to the org for worldwide preaching work and kingdom hall building are stated, as are amounts received and expenses paid. The balance on hand is also announced. Occasionally if special funds are required for various reasons they are voted on but usually it is a done deal as most just go along with suggested contributions, such as for funding missionaries to return to home countries for international conventions.
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
The idea is that the operating committee of the hall, epecially when halls are shared, will also have an account, again one set up by the org, into which funds which have been deposited into the new central account will be sent by direct debit each month, according to a set amount which will cover basic costs like electricity etc. But any unexpected expenses, or expenses incurred to cover circuit overseer visits, for example, would need to be covered by money kept under the bed by the accounts servant from the contribs.
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
As far as I know, the began operating in the Uk branch area, which includes Ireland, during the last year, as somebody I know in that area is the cong accounts servant and he told me some months ago that they had begun to operate it. In my own country of residence, it is only just now happening, and all the details are being ironed out. It is causing a lot of head-scratching as bros do not know how it will work exactly. It was suggested to me that I keep the on-hand funds needed for emergency expenses in my house, which I was not happy about, as it would be safer in a bank. Anyway, I am really surprised by this move as it removes all local autonomy in financial matters, and it was simply imposed from above, with no discussion at a local level. Most of the bros and sis are not aware of the change and I wonder if they fully realised what was going on whether it would affect contribs.
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
I kid you not! I am still doing the accounts in my hall and this is making my head spin!
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
Let me try to clarify this. For many years each congregation has had its own account. Usually, in the country I live in (I don't want to say where I am but it is in Europe) up to now each cong had an account which had a simple bank book with the names of two bros on it. These two bros administered the account for the cong and worked out how much was needed to send to the org each month through bank transfers for contributions received for the worldwide preaching work, for building Kingdom Halls worldwide and for any loans advanced by the org for building the Kingdom Hall. All that has changed as now the account in the control of the local cong has disappeared and a new account has been created in the name of the org in whatever country you may be in. All funds collected each month are deposited in this account, with the exception of funds for monthly running costs such as electricity and similar outlays. In this way, local control of funds received in now zilch. The account is administerd locally by a number of local bros, but that is only a technicality, as, get this, these bros will only have an ATM card with which to deposit funds, not to withdraw them. If a cong needs any out-of-the-ordinary expense covered, they have to request this money from the org account and the funds will be sent to another named account which is run by something called the Kingdom Hall Operating Committee, which co-ordinates the maintenance of the halls.
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2014 April Our Kingdom Ministry
by WatchTower87 in2014 april our kingdom ministry.
pdf version : press next and download.
http://adf.ly/dr101.
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thedog1
Another strange wrinkle is that all invites for the convention can now be counted as a 'placement' on the field service report each month.
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New congregation accounting system
by thedog1 ini'm sure i read a thread here about the new congregation accounting procedures.
i ask because i handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org.
this is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that.
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thedog1
Maybe somebody can help me here. I'm sure I read a thread here about the new congregation accounting procedures. I ask because I handle the accounts in our cong and in our part of the world the new accounting system has just arrived whereby local congs do not have their own account any longer, but all funds outside of basic monthly costs is forwarded to an account controlled by the org. This is causing huge confusion in our cong as we have to work out how much we need to keep back for monthly costs and the new idea is that you send all your extra cash to the org and if you need it back you can ask for it but we don't know how easy or hard it would be to do that. Any links to previous threads on this?