ABSTRACT

This library financial planning process will cover everything from basic administrative tasks, such as procedures for paying invoices, to management tasks such as budget preparation and financial controls. All the tasks that make up the process should be documented and readily available to anybody who carries out LIS financial responsibilities. Although these individual financial tasks may vary from one library to another, they should all fit under the three umbrella components highlighted above that make up the financial planning process. Each of these components is analysed below.