[LCFinance] LCFinance Digest, Vol 5, Issue 1

[Sylvia Churchwell]

Kaye, the Conference Treasurer's Office has a recommendation for all record 
retentions that I received
at their training session.

They state that it is an excellent idea for the church to discuss and adopt 
a record retention policy.  Their
table gives suggested guidelines based on both legal and practical 
considerations.  I'm sure they would send you a copy.

Sylvia J. Churchwell


----- Original Message ----- 
From: <lcfinance-request at listserv.nccumc.org>
To: <lcfinance at listserv.nccumc.org>
Sent: Saturday, March 01, 2008 12:00 PM
Subject: LCFinance Digest, Vol 5, Issue 1


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> Today's Topics:
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>   1. Sunday Collections (Wendi Thompson)
>   2. Re: Sunday Collections (pyoung1204 at aol.com)
>   3. Re: Sunday Collections (Keith Beamon)
>   4. Church Financial Records (Kaye Zumbrunnen)
>   5. Re: Church Financial Records (Ellen F. Chambers)
>
>
> ----------------------------------------------------------------------
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> Message: 1
> Date: Fri, 29 Feb 2008 17:00:03 -0500
> From: "Wendi Thompson" <wthompson at firstmethodistrm.org>
> Subject: [LCFinance] Sunday Collections
> To: <lcfinance at listserv.nccumc.org>
> Message-ID: <005201c87b1e$71d6ff90$c801a8c0 at Wendi>
> Content-Type: text/plain; charset="us-ascii"
>
> Our finance committee is in the process of reviewing the church procedure
> for safe-guarding Sunday offering until our 'counters' come in on Monday. 
> We
> currently deposit the money off-site but our chair seems to think this
> raises more of a security risk by moving the money in and out rather than
> holding on to the money until the next day. Would anyone like to volunteer
> their thoughts, not necessarily your church procedures, on what works and
> what doesn't? Thanks for help!
>
>
>
>
>
>
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> Message: 2
> Date: Fri, 29 Feb 2008 17:45:48 -0500
> From: pyoung1204 at aol.com
> Subject: Re: [LCFinance] Sunday Collections
> To: lcfinance at listserv.nccumc.org
> Message-ID: <8CA493BF64AF569-13EC-15D7 at WEBMAIL-MB09.sysops.aol.com>
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> Wendy, we place our offering into a safe at the church. I have had the 
> unpleasant experience of my wife bringing home church money that was 
> stolen during a break in. Lucky for?us it was for her UMW group and was 
> not a large sum of money. However, we felt responsible to replace the 
> money stolen. I would recommend looking into a drop off box at the bank 
> for the day of collection or away to secure the money on site at the 
> church. Someone from the finance committee is responsible for placing the 
> money in the?safe each Sunday. Even though there are a handful of people 
> with access to the?safe,?it has never presented a problem.
>
> phil young?
>
>
> -----Original Message-----
> From: Wendi Thompson <wthompson at firstmethodistrm.org>
> To: lcfinance at listserv.nccumc.org
> Sent: Fri, 29 Feb 2008 5:00 pm
> Subject: [LCFinance] Sunday Collections
>
>
>
>
> Our finance committee is in the process of reviewing the church procedure 
> for safe-guarding Sunday offering until our ?counters? come in on Monday. 
> We currently deposit the money off-site but our chair seems to think this 
> raises more of a security risk by moving the money in and out rather than 
> holding on to the money until the next day. Would anyone like to volunteer 
> their thoughts, not necessarily your church procedures, on what works and 
> what doesn?t? Thanks for help!
>
> ?
>
> ?
>
>
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> Message: 3
> Date: Fri, 29 Feb 2008 17:49:30 -0500
> From: "Keith Beamon" <KeithBeamon at johnston.k12.nc.us>
> Subject: Re: [LCFinance] Sunday Collections
> To: <lcfinance at listserv.nccumc.org>
> Message-ID: <47C845AA020000BF0001B301 at gw.johnston.k12.nc.us>
> Content-Type: text/plain; charset=US-ASCII
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> We drop our deposit in the night depository at our bank on Sunday. The
> church secretary picks it up on Monday and does the deposit, etc.
>
>>>> wthompson at firstmethodistrm.org 2/29 5:00 pm >>>
> Our finance committee is in the process of reviewing the church
> procedure
> for safe-guarding Sunday offering until our 'counters' come in on
> Monday. We
> currently deposit the money off-site but our chair seems to think this
> raises more of a security risk by moving the money in and out rather
> than
> holding on to the money until the next day. Would anyone like to
> volunteer
> their thoughts, not necessarily your church procedures, on what works
> and
> what doesn't? Thanks for help!
>
>
>
>
>
>
> --
> This message has been scanned for viruses and
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> ------------------------------
>
> Message: 4
> Date: Fri, 29 Feb 2008 19:54:04 -0500
> From: "Kaye Zumbrunnen" <kzumbrunnen at nc.rr.com>
> Subject: [LCFinance] Church Financial Records
> To: <lcfinance at listserv.nccumc.org>
> Message-ID: <PNEHIDNNCFMLLDFPGNNHOEHHCLAA.kzumbrunnen at nc.rr.com>
> Content-Type: text/plain; charset="iso-8859-1"
>
> Anyone know how many years we need to keep Church financial 
> ecords?  -Kaye
> Zumbrunnen
>
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> Message: 5
> Date: Fri, 29 Feb 2008 20:30:55 -0500
> From: "Ellen F. Chambers" <ellenfchambers at mindspring.com>
> Subject: Re: [LCFinance] Church Financial Records
> To: <kzumbrunnen at nc.rr.com>, "Local Church Finance Committee and
> Treasurers" <lcfinance at listserv.nccumc.org>
> Message-ID: <003c01c87b3b$e6a59f80$6400a8c0 at CHAMBERS>
> Content-Type: text/plain; charset="iso-8859-1"
>
> Kaye, I have a document that my home church just drew up about this that 
> is very thorough and follows IRS guidelines.  If you would send me your 
> e-mail, I will send it to you.  I do not want to bother the whole group 
> with an attachment.
>
> Ellen Chambers
> ellenfchambers at mindspring.com
>  ----- Original Message ----- 
>  From: Kaye Zumbrunnen
>  To: lcfinance at listserv.nccumc.org
>  Sent: Friday, February 29, 2008 7:54 PM
>  Subject: [LCFinance] Church Financial Records
>
>
>  Anyone know how many years we need to keep Church financial 
> ecords?  -Kaye Zumbrunnen
>
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