Understanding Your Monthly Financial Reports

Around the fourth working day of each month, your monthly financial reports for the previous month will be posted on NavCentral. On the home page, click the “Reports/Policies” link, then click the “Paystubs/Staff Reports” link. The reports come in two forms: “My Account At-A-Glance” (PDF) and “Monthly Financial Report” (Excel). Please review your reports carefully each month, because they contain details about financial activity in your account. Contact Field Staff Services if you have questions.

 

“My Account At-a-Glance” (PDF)

Section I

  • Left graph – “Funding Summary” – Overview of “Monthly Fully Funded Goal” and “Monthly Approved Support Plan” (current live budget), Monthly Actual Income and Cash Balance 
  • Right graph – “Ministry Expense Summary” – Overview of Ministry Expense Cap, ministry expenses paid, and remaining ministry cap
  • Lower section – Overview of budget categories and income 

Section II – Ministry Expense Summary

Summary of ministry expenses for the month and fiscal year

Section III – Current Month Payments

List of individual reimbursements by date

Section IV – Monthly Giving Summary Report

Previous 12 month donor history

Section V – Donor Notes

Notes concerning your donors usually relating to donation changes  

Section VI – Address Changes

Changes to a donor address

Section VII – Lapsed Donors

Donors who are not giving consistently each month

Section VIII – Monthly Donors Report

Itemized list of donor activity including address, type of donation, and amount

 

 

“Monthly Financial Report” (Excel)

Section I – Summary

 

  • Left graph – “Funding Summary” – Overview of “Monthly Fully Funded Goal” and “Monthly Approved Support Plan” (current live budget), Monthly Actual Income and Cash Balance 
  • Right graph – “Ministry Expense Summary” – Overview of Ministry Expense Cap, ministry expenses paid, and remaining ministry cap

 

Section II - Account Balances

Overview of cash balances for the month

Section III – Income Statement

 

  • Income Section – Total gift income and transfers designated as gifts for the given month and the fiscal year
  • Expense Section – Itemized breakdown of expense activity for the given month and the fiscal year

 

Section IV – Ministry Expense Summary

Summary of types of ministry expenses for the given month and fiscal year

Section V – Current Month Payments

List of individual reimbursements by date

Section VI – Current Month Activity

Daily breakdown of account activity

 

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