COVID-19: Tips for Online Management of Financial Resources for LGBTI Organisations
Covid-19 is having far-reaching consequences for LGBTI communities and organisations around the world. While you may currently be focussed on understanding what the immediate future looks like for your organisation and your activities, don’t forget to dedicate some time to thinking through how you are going to continue operating your finances and administration during this turbulent time.
Some risks for organisations include losing money (spending a budget line twice because of a lack of coordination), unauthorised payments, loss of financial documents, receiving (and paying) fake invoices, difficulties reporting to funders, and difficulties in obtaining instalments from funders.
ILGA-Europe has gathered some tips on how to stay on top of the practical side of keeping your organisation running during the pandemic.