FT Walton Church Bookkeeping LLC will help to protect your church and prevent fraud. Many stories have been reported about misappropriation of funds from charities and other non-501c3 groups. To protect your organization, we'll keep an eye on it.
You will be able to reassure your congregants their tithes and donations are being used as intended. When congregants know their donations are used wisely, they are more likely to continue to donate.
Each church is unique. Due to the size of the church, its resources and staffing ability, their needs will vary. FT Walton Church Bookkeeping LLC provides many services to assist churches, from helping to manage their financial system to supporting and supporting the one already in place. There are four services available. For a customized service, please contact us.
You can decide whether you want to pay an independent contractor or an employee if you are unsure.
Churches are under most of the same labor and employment laws that "for-profit" organizations are under. This includes the guidelines for classifying your workers as employees or independent contractors.
Do you want your youth director to be able add her expenses directly into your accounting software but not have access to her payroll information? FT Walton Church Bookkeeping LLC is here for you.
FT Walton Church Bookkeeping LLC makes it easy to get started. You don't have to be an accountant to use our general ledger.
In a non-profit organization, such as a church, the board is the bearer of this fiduciary responsibility and therefore should properly oversee all operations, including finances, to protect the members of the church.
seven years
Financial Records are traditionally kept for seven years. This relates to the laws of tax audits and the number of years back the IRS is allowed to look when determining an organization's tax liability.
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.)