By Richard S. Linzer, Anna O. Linzer
Money circulation concepts bargains nonprofit enterprises an cutting edge method of monetary administration. during this better half to the money move answer, the authors, Richard and Anna Linzer, exhibit their approach--which emphasizes using funds movement strategies that allow a company to have the operating capital it wishes. The booklet is stuffed with illustrative examples and comprises the instruments and templates had to make those techniques instantly appropriate to any establishment. learn more... funds circulation recommendations: Innovation in Nonprofit monetary administration; CONTENTS; FIGURES AND shows; ACKNOWLEDGMENTS; THE AUTHORS; creation; half I: COMPREHENDING AND utilizing monetary details; bankruptcy 1: THE CASE FOR funds circulate considering; bankruptcy 2: starting WITH BUDGETS -- traditional AND money stream; bankruptcy three: HOW FOOTNOTES MAKE the money circulate funds much more valuable; bankruptcy four: FORECASTING IN a fragment OF TIME; bankruptcy five: tracking; bankruptcy 6: funds stream research AS A STRATEGIC instrument; bankruptcy 7: money circulate research FROM THE investment COMMUNITY'S standpoint
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Additional resources for Cash Flow Strategies: Innovation in Nonprofit Financial Management
Start by creating headers for each item in your budget. Items such as grants, donations, and earned revenue are listed under the general heading of income. If you have an item in your chart of accounts for fringe benefits, use the same term in your cash flow budget. Avoid using account numbers. Most of the people reading this budget will be baffled by them. If you wish to refer to these account numbers, simply run off a separate budget sheet for staff that includes them, but leave them off for the rest of the world.
12. Supplies have always been an important expense for us. The supplies are vital to the service we perform. With the exception of January, which is usually a costly month, our normal monthly cost is $1,093. During May, November, and December, our inventory of supplies is always allowed to decline. 13. Printing continues to be a major expense item because our publications are in considerable demand. Printing schedules are timed to coincide with our major program activities. ◆ ◆ ◆ Your footnotes can illuminate important concepts that would otherwise be hidden in the numbers.
Isn’t printing excessive at 13 percent of the total budget? Typically, these questions, and many others, will have to remain unanswered until explained by the one who constructed the budget in the first place. If you’re among the administrators or staff who worked with the details associated with the budget, these questions have been covered. You understand the detail. 1. ANNUALIZED SUMMARY BUDGET. Income 1. Grants 2. Donations 3. Gifts 4. Earned Revenue Total Income Expense 5. Salaries 6. Fringe Benefits 7.