Each church is unique. Due to the size of the church, its resources and staffing ability, their needs will vary. Atlanta Church Bookkeeping LLC provides many services to assist churches, from helping to manage their financial system to supporting and supporting the one already in place. There are four services available. For a customized service, please contact us.
No two churches are the same. The needs of each church vary due to size, availability of volunteers, resources, and staffing abilities. Atlanta Church Bookkeeping LLC offers several options to help churches with exactly what they need from managing their financial system to coming alongside and helping the one that is in place. Here are four service options. You can contact us to have one customized for your congregation:
Events Income Still to be rated. We are currently working on categorizing our chart. Apart from our tithes/offers, which were categorized as non profit revenue...
Events Income is not yet rated. We are working to ensure that our chart of accounts is correctly categorized. We also include our offerings and tithes, which we have classified as non-profit income.
It will make it easier to assure your congregation that their tithes, donations, and taxes are being used correctly. Congregants who know their donations will be used wisely are more likely than not to donate again.
In the case of a church, a bookkeeper could be required to also wear the shoes of an accountant and treasurer. They are therefore in charge of all financial aspects of the church. Their responsibilities include but are not limited to;
Your church has a mission and bookkeeping should not get in the way. The right church accounting software will help you do your bookkeeping quickly and accurately so that you and your staff can focus on the important things in your ministry.
Diocesan Canons state that treasurers and other officers of a church parish, mission or other institution be “bonded” according to Episcopal Church Canons. Episcopal Church Canons require that treasurers be “adequately bonded.”
seven years
Financial Records are traditionally kept for seven years. This relates to the laws of tax audits and the number of years back the IRS is allowed to look when determining an organization's tax liability.
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.