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.
Trust and respect are the cornerstones of a good client relationship. We believe listening is essential. Our mission is to help you grow and succeed in your religious organization by providing financial guidance and financial leadership.
If you reconcile your bank and card statements with your accounting, you can identify errors like duplicates, missing transactions or bank errors on rare occasions.
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.
A small church may not have the budget to hire someone for bookkeeping. To make it more appealing, they often combine the two roles. It may be necessary to hire a part-time employee who doesn't have much experience for other churches. It may be necessary to ask a volunteer treasurer for help with the accounting. You can get better work for a cheaper price by hiring someone who has been trained in bookkeeping for multiple churches.
When reconciling your bank statements and your credit card statements, you'll find errors such duplicates and missing transactions, bank errors in rare instances, and amount discrepancies.
Our non-profit tax advisers are experienced in working with churches and synagogues to minimize taxes and preserve tax exempt status.
The IRS may begin a church tax inquiry only if an appropriate high-level Treasury official reasonably believes, based on a written statement of the facts and circumstances, that the organization: (a) may not qualify for the exemption; or (b) may not be paying tax on unrelated business or other taxable activity.
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.
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.