Bookkeeping

The Pastor’s 5-Step Guide to Church Chart of Accounts

Some argue that a pastor’s spiritual insight is beneficial when making financial decisions, aligning them with the church’s mission and values. This draft budget should include all of the requests received from each ministry team and the forecasted revenue and additional expenses. Note that this initial draft will almost always be deep in the red. …

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Demystifying Fund Accounting for Churches and Nonprofits

The best way to avoid losing tax exemption status, is to not give a reason for an audit in the first place. Once an audit is started, the scope of it is almost limitless. The breadth of records that can be audited/examined are below. Successfully dealing with church accounting requires understanding many important ideas about …

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Construction Bookkeeping: Essential Tools & Tips

This cloud-based solution has a base of user interface (UI) customizations, custom workflows, search tools and collaboration features. The next function layer is the Procore analytics feature that works with the specialized app marketplace filled with third-party solutions that integrate with Procore. The goal of the new set of rules is to offer a standardised …

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