Advanced Tips For Budgeting

Nonprofits and churches create budgets for a variety of reasons. The bank might require a budget prior to lending money. Your board of directors or elders may require a budget to ensure you’re planning on spending money in alignment with its intended purpose. Or you may want a budget to make sure you will have the resources needed to accomplish that purpose.

During this webinar we show you:

• Tips and tools for creating a meaningful budget
• How to update the budget as circumstances change during the year (sometimes called a rolling forecast)
• How to report on variances to your budget

The majority of budgets are created using spreadsheets (Microsoft Excel, Google Sheets, etc.). Therefore, we will start by showing you how to use spreadsheets to create and update your budget. Download the budget template. We’ll also show you how you can use Aplos to manage your progress toward accomplishing your mission.

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