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Chapter 6 MANAGEMENT 293
Charities:
All donations to Charities' should be recorded and maintained on a specific list and
separate account. Assuming that most donations will occur on a yearly basis, they should be
selected and included in your budget expense allowance.
It is recommended that should any increase or decrease in these yearly donations be
required that you revise all individual donated sums by an equal percentage. Maintaining your
entire list and not alienating any particular Charities, while including an explanation with the
current donation should be considered.
Accounting:
All businesses require some form of maintaining and recording financial transactions. The
best method for your operation will be a simple matter of choice. Whether you implement a
manual One-Write method or use a computer based system the following Categories will likely be
involved.