(A) Gather Existing Reports and Ending Balances

Collect existing financial reports which show current balances and balances at the beginning of the fiscal year, whatever that is for your church. These should also show the various assets (checking accounts, savings accounts, investments, property value) your church has along with the current budget. These reports will also give you an idea about what funds, categories, and sub-categories will be needed to generate appropriate reports. These should contain beginning fiscal balances as well as year-to-date activity for each asset, fund balance account, and budget line item.