Planting Churches Among the City's Poor - Volume 2

P ART II: C HURCH P LANTING T OOLKIT • 353

5. Deposit funds as soon as possible. 6. Give copy of bank deposit to receipter. C. Prepare reports monthly for leadership review. 1. Donations by week 2. Income and expense for the month 3. Balance in bank account D. Keep no more than $50 in petty cash in a lockable box. Do not leave the key in an accessible place. E. Checks over $250 require two signatures. F. Summary

Title

Duties

Check signer

Sign checks, count money, make deposits

Serve as second counter, sign checks when two signatures are required

Counter

Write checks, issue receipts, keep the records, does the second money count

Check writer

Reconcile the bank statements, approve expenditures

Bank reconciler

Approve expenditures (but does not write or sign checks)

Other approvers (opt.)

IV. Tasks and prohibited duties, summarized:

Tasks

Prohibited Duties

Write checks

Sign checks, approve expenditures

Issue receipts

First counter

Deposit money

Keep records, make deposits, first count

Keep records

Make deposits, first count

Sign checks

Approve expenditures, write checks

Reconcile bank statements

No other financial duties