The following is a list of newsletter articles from my monthly newsletter: Free Church Accounting
I try to cover the subjects that you have told me that you are interested in such as audits, internal controls, budgets, online giving, accounting policies, contribution receipts, and much more.
Contact me if there are subjects you would like to see covered in my monthly newsletter: Free Church Accounting and on this site.
I will be adding new newsletter articles from time to time so bookmark this page and check back often.
I have set up hundreds of accounting systems by using QuickBooks Online for churches in the past 10 years. So, I would like to share with you some of the tips I have learned throughout the years. QuickBooks Online for churches can work efficiently and effectively ...if done right...
If you have read my previous blogs and books, you may note that I have liked the desktop better than the online version for several reasons-not reliant on internet strength and reliability, especially if you are in a rural or storm-ridden area; reporting is stronger, and screens seem to be more intuitive. With Intuit’s announcement and their encouragement of accountants to move their clients to QuickBooks Online (QBO), I assume that future improvements will only be on the online side...
One of the first things I do as the year end approaches is to pull a report in all of my client's accounting files that allows me look over all of the year's transactions "by account". Some of the things I look for are...
To Do list for churches and nonprofits that you can and should start on right now. I know that December and January is 2 of the busiest months of the year for us church and nonprofit administrators, so write down your To Do checklist now and make sure you don't miss any of the important tasks due before January 31st!
Even though each organization's chart of accounts is unique, most nonprofit and churches use a universal numbering system to avoid confusion for your staff, bookkeepers, accountants, and financial institutions. See tips on building an effective chart of accounts...
Before you generate your financial statements, there is a process you should go through to ensure the accounting reports you give your pastor, treasurer, or governing council is accurate and complete...
One of the most important accounting internal controls you can put in place is establishing clear guidelines for the handling of your organization's funds. Included in those guidelines should be proper procedures for handling church groups opening separate checking accounts. See more on internal controls for church groups...
A set of 2 ebook packages that covers the following topics...
If your church is embarking on the process of shopping for a new church accounting software, there are a few tips to keep in mind to make it a smart choice...
Does your church need an audit? Surprisingly the answer may be "No"! See why an audit may be a bad idea...
Every church and nonprofit should have a written accounting policy manual. It will save you future problems down the road and serve as a valuable reference guide for your organization...
Knowing WHEN to issue contribution receipts is something every organization that accepts donations should research. Knowing when NOT to issue those charitable contribution receipts may be even more important! …
Charitable contribution receipts can be a challenging part of a church or nonprofit's administrator. Since contributions are essential for a nonprofit's survival and growth, knowing how to handle those donations is very important...
While churches are offering online giving as an added convenience for members, they are discovering a hidden benefit. When members give online, the average amount is a little larger and their giving is more consistent.....
The IRS has the authority to assess a 100% penalty against the individual(s) responsible for withholding and paying federal payroll taxes, even if the person is an unpaid volunteer such as a church Treasurer. The IRS aggressively uses this authority...
Unsubstantiated business expenses and lost receipts can be a big headache for everyone involved in the financial process of the church....
Preparing a budget is time consuming and
in this economy...estimating income and expenses can be very
challenging.
So here are some budget tips that might make this tedious task a little easier...
5 tips on how to cut expenses and help your church or nonprofit continue to minister to your community during these tough economic times ...
See 4 ways you can directly and immediately raise your pastor’s salary without paying him any more money ...
7 tips on how to cut expenses by lowering your office supply cost with discounts, coupons, and even some free stuff...
Fundraisers can be beneficial to your church. However, there are some legal issues you should keep in mind ...