ARE THESE THE TERMS A YOUNG PASTOR

NEEDS TO KNOW ABOUT CHURCH FINANCES?

 

What would you add to this list we use with our ministerial students?

 

1.      accounting.

2.      fund accounting.

3.      journal entry

4.      credit

5.      debit.

6.      purchase order.

7.      bid.

8.      competitive bidding.

9.      quote.

10. estimate.

11. income.

12. expense.

13. balance sheet

14. assets

15. liabilities.

16. fixed assets

17. depreciation

18. appreciation.

19. budget.

20. over budget YTD.

21. FICA.

22. SET.