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==Why Make a Church Budget? And How?==
==What Kind of Budget Do We Need?==
It is highly recommended by the "Local Church Accounting Manual" that your church set up a Budget for each year. A budget is simply a plan for how money will be spent. So a budget will help guide your financial decisions as a church and will help you to be more aware of how you are spending your money and whether changes need to be made. Here's how to make a budget:
:[[Stages of Church Life]]
:[[Budgets for Different Stages Examples]]
:[[Percentages vs Dollar Amounts in Allocations]]


# Start planning your upcoming year's budget in November of the current year. Go to Reports & Graphs -> Income/Expense Report in Jewel, selecting "This fiscal year to date" as the dates for the report. Then print the report or if you prefer, copy the report to clipboard and paste it into a spreadsheet program. Divide the amounts on the report by 10 to get average monthly amounts, then multiply the monthly amounts by 12 to get yearly amounts. An alternative method is to select the report dates for November of the previous year to October of the current year. Use this report to guide your budget for the following year.
==How to Make a Budget and Enter It In Jewel==
# Discuss prospective needs for the upcoming year with the church board, and include these possibilities when drafting the proposed budget.
:[[How to Set Up Budget Allocations]]
# If your Church Budget includes both church expense as well as organizations of the church, be sure to include the organizations in the budget.
# Determine which amounts will be fixed and which will be percentages. For example, the church insurance will be a fixed dollar amount. Other accounts like departments could use a percentage.
# Make a tentative Budget to present to the church board for consideration, modification, and approval.


==Budget Allocations in Jewel==
==We Made a Budget -- Now What?==
:[[Custodian of the Budget]]
:[[Budget Busters & FAQs]]
:[[Budget - End-of-Year Rollover]]
:[[Capital Maintenance Funds Recommendation]]




Budget Allocation Set-up
# Go to Maintenance → Edit Budget Allocations.
# Select the year for which you are making your budget. You can either edit your current year's budget (which will affect only this and future months, not past months), or enter the new budget for the next fiscal year.
# Enter the Total Annual Budget. This is an estimate of the total amount you expect to spend from the accounts included in the budget. The better your estimate, the better the information you'll get from your budget reports.
# Under "From Account" select the account that is serving as the source for budgeted funds. This will usually be Church Budget, depending on how your church's accounts are set up.
# Under "To Account(s)", select the accounts you're budgeting to, and fill in the <strong>monthly</strong> amounts budgeted to each. Enter dollar amounts by simply typing in the amounts. To enter percentages, type the percent number followed by the percent sign (%).
# As you enter the values, watch the "Monthly Allocation Totals" in the middle of the screen. They will change according to the values you enter. When you have finished, the dollar amount should equal about 1/12 of the Total Annual Budget and the percentage should equal either 0% or 100%.
# Click OK to complete your budget and let Jewel store the values you have entered. After presenting your budget to the board, any changes can be made by going back to Maintenance → Edit Budget Allocations, making the appropriate changes, and clicking OK.
==Budget Tutorials==
===[[Stages of Church Life]]===
===[[Detailed Budget Examples]]===
===[[How to Set Up Budget Allocations]]===
===[[Media:4040_-_Budgeting_part_4_-_Power_of_Observation.pdf|Budgeting part 4 - Power of Observation]]===
===[[Media:4050_-_Budgeting_part_5_-_Budget_Busters_&_FAQ.pdf|Budgeting part 5 - Budget Busters & FAQ]]===
===[[Media:4060_-_Percentages_vs_Whole_Numbers_in_allocations.pdf|Percentages vs Whole Numbers in allocations]]===
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[[Bank Reconciliation|Return to Chapter 4: Bank Reconciliation]]
[[Jewel Handbook|Return to main page of Jewel Handbook]]
 
[[Less-common Transaction Types|Continue to Chapter 6: Less-common Transaction Types]]

Latest revision as of 02:27, 31 December 2025

What Kind of Budget Do We Need?

Stages of Church Life
Budgets for Different Stages Examples
Percentages vs Dollar Amounts in Allocations

How to Make a Budget and Enter It In Jewel

How to Set Up Budget Allocations

We Made a Budget -- Now What?

Custodian of the Budget
Budget Busters & FAQs
Budget - End-of-Year Rollover
Capital Maintenance Funds Recommendation


Return to main page of Jewel Handbook

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