8.2 Financial Structuring/Budgeting Process

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<bookshelf src="Book:GoTeach Wiki" />
<bookshelf src="Book:GoTeach Wiki" />
=== Budget process ===
===Budget process===
<bs:drawio filename="Finances/Budget Process and requirements-67338997" />
<bs:drawio filename="Finances/Budget Process and requirements-67338997" />


=== Details ===
===Details===
<br />  
<br />  


*Head of GoTeach global team informs GoTeach Managers when the money has been transferred.
*The Head of the GoTeach global team informs GoTeach managers when funds have been transferred.
*DHL local who manages the budget for each region sends a confirmation to GoTeach Manager of the arrival of the money as soon as the bank transfer is received  
*The local DHL contact who manages the budget for each region sends confirmation of receipt of the money to the GoTeach manager as soon as the bank transfer is received.
**America: DHL Express Central South America, based in Costa Rica
**Americas: DHL Express Central South America, based in Costa Rica
**Asia Pacific: DHL Express Singapore
**Asia Pacific: DHL Express Singapore
**Africa: DHL Express Madagascar
**Africa: DHL Express Madagascar


*January - February: Each country proposes an action plan with the budget for each activity for validation with each GoTeach Manager of the regions.
*January - February: Each country proposes an action plan with a budget for each activity for validation by the respective GoTeach manager for the regions.
*The budget is to be presented in local currency according to the "action plan" model.
*The budget is presented in local currency according to the "action plan" model.


'''''[[:File:GT-Action Plan template.xlsx|Action Plan Template]]'''''
'''''[[:File:GT-Action Plan template.xlsx|Action Plan Template]]'''''

Revision as of 17:00, 17 March 2021

8.2.1 Budget process

Finances-Budget Process and requirements-67338997

8.2.2 Details


  • The Head of the GoTeach global team informs GoTeach managers when funds have been transferred.
  • The local DHL contact who manages the budget for each region sends confirmation of receipt of the money to the GoTeach manager as soon as the bank transfer is received.
    • Americas: DHL Express Central South America, based in Costa Rica
    • Asia Pacific: DHL Express Singapore
    • Africa: DHL Express Madagascar
  • January - February: Each country proposes an action plan with a budget for each activity for validation by the respective GoTeach manager for the regions.
  • The budget is presented in local currency according to the "action plan" model.

Action Plan Template

Chapter lead Faneva Raharimanantsoa