Many churches and non-profits struggle to survive on a limited budget. Outsourcing financial services saves nonprofits valuable time, stress, as well as valuable resources. Your time spent managing the finances is time you could spend growing your donor base, expanding your organisation, or helping those in greatest need.
You might need more functionality than QuickBooks Premier Plus provides as your church grows. Your church's growing needs will include the ability to manage volunteers, events, allow online giving and run email campaigns.
Our not-for profit tax advisors have years of experience working alongside churches, synagogues and other faith-based organisations to minimize their taxes and preserve their tax exempt status.
Most of the labor and employment laws are applicable to churches as well as "for profit" organizations. These laws include guidelines on how to classify your workers as independent contractors or employees.
Accuracy and expertise are critical for good financial health in any church. Having a trained and qualified bookkeeper means having an expert who knows the right way to make entries, understands and complies with local and federal requirements, and ensures your reporting is accurate.
There are ways to avoid making mistakes in church bookkeeping.
So why consider outsourcing? For some smaller to medium-sized churches, having an outsourced bookkeeper can increase expertise & accuracy, lower bookkeeping costs, and provide a missing link in internal controls. Let’s take a look at these one-by-one:
Working in church accounting, you share the same responsibilities as an accountant in any other organization. You record expenses, track contributions made by the congregation, and monitor spending on various programs. Your duties center around bookkeeping, documenting and controlling finances for a church.
81% of church revenue came from individual donations. 34% of congregations have endowments, which constituted on average 4% of their revenue. Only 2% of churches received revenue from government grants; 12% received finance from non-government grants.
Common Church Budget Categories
Personnel (salaries, benefits, etc.)
Administration (operating expenses)
Facilities and Equipment (utilities, insurance on property, maintenance)
Outreach (missions, evangelism, social events, etc.)