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Absolutely, we can have regular meetings so you can advise on the reporting you need and you can access your bookkeeping online at any time to pull reports and review the books.
Churches can and do get slapped with devastating penalties for classifying and paying a worker with a 1099 ...that the IRS deems should have been classified as an employee.
Congregants will feel more secure knowing that their donations and tithes are being used in the right way. Congregants will be more inclined to give if they know that their donations have been used well.
This will prevent you from making an error in your church bookkeeping. Make sure to carefully review every individual paying for a particular service. Use the IRS guidelines (link at the Misclassification article), to determine whether or not they should be classified with the proper payroll tax and matching.
Want the youth director to be able to add her expenses directly to your accounting system but don’t want her to have access to payroll information? Atlanta Church Bookkeeping LLC has you covered.
Many of the same labor laws and employment rules apply to churches as to non-profit organizations. This includes guidelines on classifying your workers either as employees, or independent contractors.
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.)