Monthly accounting and budget projection process#
Each month, we get a new batch of monthly reports and accounting data from CS&S. We use this as an opportunity to:
Confirm that our Contracts information is correct.
Confirm that our accounting transactions look correct.
Flag any items that require extra attention, such as Contracts that will expire soon.
Update our financial projections and calculate a new runway for 2i2c.
Here’s information about expectations and accountability for the process:
When: This process is triggered by the arrival of new accounting reports from CS&S.
Who:
The Delivery Manager / Chief of Staff is responsible for the overall process, and for monitoring the accounting and contracts statements each month.
The Partnerships Lead is expected to coordinate with Delivery Manager / Chief of Staff, and is responsible for taking action to follow up with communities and/or trigger the proper processes in CS&S to move things forward.