Listening is key to a long-lasting client relationship built on trust, respect and cooperation. We want to be able to offer financial guidance, advice and leadership that will help you grow your religious organisation and make it more successful.
There is another reason to keep track . It helps you make better financial decisions. You should be able to look at a report and see how you spend more on expenses than you did in prior years.
You are the best time to hire our church bookkeeping service to make sure your financial records and policies are correct. It is also a great idea to have your bookkeeping done by someone else, so that you can concentrate on building your business and never fall behind.
Still, every church has to deal with finances. There are tithes and offerings coming in weekly. Meanwhile, there are bills to pay, needs to meet, and (often) salaries to be paid. It’s a lot to keep track of. Accounting church software programs can help you navigate this terrain, even if you’re not a whiz in Excel and don’t know a debit from a credit.
Churches are most at risk if they lack internal controls. A person outside your financial system can reconcile your bank accounts, track and verify your deposits, and make sure your checks are paid. This will increase the security of your congregation's assets.
We know. It wasn't to be an accountant that you went into ministry. To make disciples and spread the gospel of Jesus Christ, you became a church leader.
So if you are on the fence whether to classify a worker as an employee or an independent contractor ...go ahead and classify and pay your worker as an employee!
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.)