From the Memo Board: February 2015

Upcoming Dates

March 1
January financial reports will be due. We will be sending out the 2015 Excel spreadsheet soon. however, you are welcome to submit reports on the 2014 spreadsheet if you wish to turn yours in sooner.

March 2
Adjusted pay date for those who usually receive funds on the 29th.

March 30
Adjusted pay date for those who usually receive funds on the 29th.

June 15-18
Family Fellowship Week in Greensboro, NC

 

New Equipment Information

Our Office maintains a database of depreciable equipment purchased by missionaries and included as an expense on their monthly financial reports. Our CPA has informed us that we no longer need to track purchases that are less than $500. Starting with January 2015 financial reports, please use Line 15 of the report to record depreciable equipment of $500 or more. Less expensive equipment can continue to be listed on Line 17 of the report. Thank you for your help with this!

 

Life Insurance

Did you know that most life insurance companies can automatically deny applicants who intend to move outside of the United States? However, most cannot drop you for foreign travel if you have had a policy in place for at least 2 years. Therefore, we encourage all missionaries to obtain a life insurance policy as soon as possible while you are on deputation, so that you will have one in place before leaving for the field.