For small churches, the cost of hiring someone to do bookkeeping often requires that they combine their roles with other jobs in order to make the job more attractive. Part-time employees may need to be hired by other churches who might not have as much experience. Many churches will have to employ a part-time treasurer. It is possible to get higher quality work from someone who is skilled in bookkeeping and has worked for several churches.
Bookkeeping for churches is our passion and specialty! We enjoy the task of keeping records for churches and small non-profits. Many bookkeeping mistakes can be avoided if the bookkeeper was trained properly.
Even if one of your members is a professional accountant or bookkeeper for nonprofits, it will still be an investment to hire a specialist to handle your church's books. This is why we encourage you to make it a priority. Your church can reap the benefits of this investment in three ways.
....Another good reason to keep financial records is to make informed financial decisions. If you can pull up a report, you will be able see that your expenses are higher than they were in previous years.
Security Procedures: As the Bookkeeper, I do the following: I enter the accounting information, write checks, reconcile bank statements, and reconcile the monthly bank statement for a start-up church thrift store. ...
Create a church bookkeeping program that not only tracks expenses or income but also tracks assets and liabilities.
The most vulnerable area for churches is their internal controls. The safeguarding of your resources is increased by having someone outside the financial system reconcile your bank account, track your deposits, verify them, and verify your checks.
The biblical pattern shows without question that the pastor should be involved in the oversight of the church's finances, however, Scripture also prescribes the attitude and actions of the pastor to avoid disqualification of influence and trust.
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.
How To Manage Church Records
Identify The Church Records That You're Going To Manage. Based on your local state laws you will need to figure out what records are imperative to keep. ...
Implement A Retention Schedule. ...
Establish Retention And Destruction Policies.