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Record keeping
8 March 2017
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What is my responsibility as church relating to financial record keeping?
- Transactions should be promptly recorded in the financial records (Accountants at HQ).
- All expenses should be supported by valid documentation: Invoice/slip/contract.
- All documentation must be filed by the congregation per month and in alphabetic order according to supplier.
- All files must be sent to HQ in Franshoek during the first week of January for auditing purposes.
- Financial records and supporting documentation must be kept for 5 years.
