Friday Financial Tip #25: EOM Tips

By |2024-10-18T13:38:00-05:00October 18th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: |

Dear Friend, Your End of Month Report (EOM) is an important part of your work. If completed correctly, it can successfully designate the support money that was used for ministry and keep much of the support God gives your ministry free from [...]

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Friday Financial Tip #24: SPAM

By |2024-10-11T13:57:24-05:00October 11th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: |

Dear Missionaries, This morning, we had a missionary reach out and ask us to block a specific sender from being able to send emails to him. We were able to help him, but I don’t envy you. Your email addresses are posted all over the interne [...]

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Friday Financial Tip #18: Receipts for Ministry Expenses

By |2024-07-12T12:35:55-05:00July 11th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: , |

Receipts are your physical proof that funds were used for a ministry expense. It is your responsibility to ensure that they provide that proof. Every receipt must have four components: Date of transaction Amount of transaction Name of recip [...]

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Friday Financial Tip #17: Missions University

By |2024-07-04T06:59:27-05:00July 5th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: , |

During Missions University, we are planning to hear from accountant Josh Belk. Bro. Belk is the leader of Lodestar Tax & Consulting of St. John, Indiana. He and his coworkers are especially experienced and knowledgeable in areas with specia [...]

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Friday Financial Tip #16: Health Insurance

By |2024-06-28T16:13:59-05:00June 28th, 2024|Categories: FBMI Updates, Friday Financial Tip|Tags: |

Health insurance and related benefits like vision and dental plans are often offered by employers to their employees. Employees are able to pay the premiums for these employer-provided benefits as pre-tax deductions from their gross income. [...]

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