One thing to be aware of: As your church grows, so does the cost. In addition, most of the features beyond basic church management and accounting come with an extra price tag. But if you’re looking to grow, Atlanta Church Bookkeeping LLC will grow with you.
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.
Atlanta Church Bookkeeping LLC makes it easy to get started. You don't have to be an accountant to use our general ledger.
Create a church bookkeeping program that not only tracks expenses or income but also tracks assets and liabilities.
It is important to remember that costs increase as your church expands. There are additional costs for many features, including accounting and church management. Atlanta Church Bookkeeping LLC offers growth opportunities for those who want to grow.
If you are still unsure about whether to classify your worker as an independent contractor or employee, don't hesitate to hire and pay them as an employee.
Laying all that aside....another important reason for keeping books...is to make good financial decisions. You need to be able to pull up a report and see that you are spending more on expenses than you were in prior years.
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.