METHODIST CHURCH NIGERIA - Online Study Bible
METHODIST CHURCH NIGERIA - Online Study Bible
METHODIST CHURCH NIGERIA - Online Study Bible
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the Codified System will increase as we enter the second year of the<br />
scheme.<br />
Diocesan Responsibility:<br />
We wish to reiterate that the role of the Diocesan Headquarters in<br />
collating and summarising all payments made by the Local Churches,<br />
Circuit by Circuit, and despatching same to Conference Headquarters on<br />
monthly basis is still in force. This is the only means of cross checking<br />
the entries on the Bank’s statements by Conference Headquarters<br />
Accounts personnel.<br />
Furthermore this shall enable the Bishops to monitor and appraise the<br />
remittances of their various Local Churches and Circuits based on the<br />
initial target set for them.<br />
It has also been observed that a number of Dioceses that were hitherto<br />
forwarding their monthly remittance documentations to Conference<br />
Headquarters have stopped doing so since the emergence of the<br />
Codified System. Contrary to lay down policy of submission of<br />
documents to the Headquarters.<br />
Challenges encountered:<br />
We still have some Local Churches that have not complied with the<br />
requirement of the Codified System of payment. Representatives of<br />
some Local Churches making payment at the Banks are still in the habit<br />
of signing their names on deposit slips. This is very wrong. All that is<br />
required to be written at the column is the remittance code of the<br />
Local Church. This is the only way to verify the source and purpose of<br />
the payment when we receive Bank statement at Conference<br />
Headquarters.<br />
Similarly, some Local Churches do lump together different types of<br />
remittance on one deposit slip when paying to Bank. Each remittance<br />
type has its distinct Code for payment. Therefore, lumping of various<br />
payments on one Bank Deposit slip has fallen away with the<br />
introduction of the Codified System.<br />
The Dioceses too account for non-codification of some of the<br />
remittances in our books. Often times, remittances are delayed and in<br />
the process of releasing the arrears of remittance for payment through<br />
Bank, the Dioceses would simply bulk the remittances of different types<br />
(a practice that has been out-lawed) with a single cheque thereby<br />
rendering the Codified System ineffective.<br />
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