Yes, we can meet regularly to discuss the reporting requirements. You can also access your online bookkeeping anytime you want to review the books and pull reports.
Why not outsource? Outsourcing a bookkeeper for small to medium-sized churches can improve expertise and accuracy, reduce bookkeeping costs, and add a missing link in internal control. Let's look at each one.
Many churches, nonprofits, and other organizations are struggling with limited resources. Nonprofits can save time, stress, valuable resources and money by outsourcing financial accounting. The time you spend on your books as the head for your nonprofit is time that could be spent expanding your donor base, helping those in crisis, and growing your donor list.
Congregations sometimes find themselves in a bind when it comes to bookkeeping. Atlanta Church Bookkeeping LLC's bookkeeping services are designed to save you time and money.
They don't prioritize hiring a "seasoned" bookkeeper. So either the Pastor does the bookkeeping, or he or she corrals a member with "financial", or "organizational" skills to turn it over.
Churches can be and do receive severe penalties for paying workers with 1099s to whom they are not employees.
Many churches and non-profits struggle to survive on a limited budget. Outsourcing financial services saves nonprofits valuable time, stress, as well as valuable resources. Your time spent managing the finances is time you could spend growing your donor base, expanding your organisation, or helping those in greatest need.
Working in church accounting, you share the same responsibilities as an accountant in any other organization. You record expenses, track contributions made by the congregation, and monitor spending on various programs. Your duties center around bookkeeping, documenting and controlling finances for a church.
81% of church revenue came from individual donations. 34% of congregations have endowments, which constituted on average 4% of their revenue. Only 2% of churches received revenue from government grants; 12% received finance from non-government grants.
Common Church Budget Categories
Personnel (salaries, benefits, etc.)
Administration (operating expenses)
Facilities and Equipment (utilities, insurance on property, maintenance)
Outreach (missions, evangelism, social events, etc.)