Finance Playbook?

Most of us think that the Federal Reserve (Mint/BEP) enter the most amount of money into our economy but banks through loans actually produce the most amount of money supply into our economy, while its not actually making physical money there's a multiplier affect that causes such effect to occur!

I read over the finance department playbook and found some very useful tools, amongst them were income statement docs, invoice templates, how to budget, responsibilities, and most importantly what guides us! Finding many of these docs was actually really hard so having this playbook just made things way easier. Our income statements are how we keep track of our expenses and our profits, but this doc expands on this even more by being time and item specific. Which helps us dissect our finances and find ways in which we can improve for our final end of year goals. Our invoice template is in essence a receipt for those purchasing wholesale but one that hasn't been paid yet. It keeps the customer accountable and reminds them of their payment which is usually due in about a month to give the customer time to sell some of our goods. (Skip here if clickbaited) At last it's our budgeting which is deciding on the amount of money each department in Direlights receives, we don't necessarily have specific guidelines on the amount of money each department gets. So we are thinking of going into saving mode and giving money based on needs that arise from each department rather than giving a lump sum at once. So if you're reading this if your department needs money make sure to communicate with us ASAP in order for us to plan accordingly. After going through the whole playbook for finance, it feels like what we are really missing is our goals for the end of the year, whether it's to prioritize saving money for next year or for scholarships. I know it's a bit early but I think as Direlights our goal is to provide support and do the most amount of good for the most amount of people. And having a goal in mind for what we want can help us achieve that. I would really like to give scholarships to amazing seniors next year so I would like to propose we set a certain amount of money we want to give out and aim at saving money until we reach that goal. Obviously still prioritizing many of the needs of Direlights but keeping that at the top of mind. And at last I think we need to create some core values within finance to really guide us, because it feels like now im just doing a rudimentary job, and having values gives me a sense of passion and something to strive for!