As your church grows, you might find you need more functionality than QuickBooks Premier Plus offers alone. In particular, your growing church will need to manage volunteers and events, enable online giving, and possibly even run email campaigns.
While you are focusing on building relationships with your community and your organization, we will make accounting easy for you and ensure your financial records are accurate and maintained correctly.
Yet, every church must handle finances. There are weekly tithes or offerings. There are also bills to pay, financial obligations to meet, and salaries to be made. It's difficult to keep track. Even if Excel isn't your thing and you don’t know what a debit is, accounting software programs for churches can help.
We believe that listening is the key to building a client relationship based on trust and respect. We aim to help you build your faith organization and be more successful by offering financial guidance, leadership and advice.
These responsibilities will vary from one church or another depending on the person's job description and how their bylaws guide them.
Why outsource? For smaller and medium-sized churches, outsourcing can help increase expertise and accuracy, lower bookkeeping expenses, and give them an extra link in their internal controls. Let's examine each of these individually:
The church's administrative and leadership staff can focus on its mission rather than on bookkeeping.
All organizations should follow generally accepted accounting principles (GAAP), using an accrual basis to record income and expenses when they are earned and incurred. However, many churches use a cash basis—recording income and expenses when they are received and paid—or a combination of both approaches.
Here is a quick breakdown of some of the most common tasks you will need to accomplish when doing your church bookkeeping.
Enter Income And Expenses. ...
Track Contributions And Prepare Bank Deposits. ...
Pay Bills. ...
Journal Entries. ...
Complete A Bank Reconciliation.
Churches call the traditional balance sheet a statement of financial position. It uses the accounting equation “Assets = Liabilities + Equity” to show a snapshot of your organization's financial health. It also shows the current balance of each of your funds if you've been implementing fund accounting for your church.
Diocesan Canons state that treasurers and other officers of a church parish, mission or other institution be “bonded” according to Episcopal Church Canons. Episcopal Church Canons require that treasurers be “adequately bonded.”