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I need some ammunition ... give me good reasons for NOT starting a new accounting FUND for every bank account, saving account, and other little dribble of money that comes and goes.

Funds are groups of accounts, with their own balance sheet and income/expense statements.

It takes many accounts to justify a FUND, not just one account.

If an activity has many income accounts and many expense accounts, it MAY justify its own FUND.

If an activity has one income and one expense account, it can USUALLY be incorporated into an existing fund.

Adding to what John has stated, the more funds you have the more complex your accounting becomes in my opinion. There are very legitimate reasons for multiple funds as he so eloquently put it, like say a building project that you would separate from general income and expense. But certainly not necessary for every bank account.

FWIW ... we only have five funds:

One for operating, building fund, mission fund, deacons and investments. We moved the investments out of the Operating fund so that we can keep track of how much money we're making/spending out of the endowments, and the rest so that we have a definite separation of money from the operating account, but the same checking account is used for ALL five funds, and our small savings account falls under the operating fund.