Our passion is church bookkeeping! We really enjoy keeping books for small non-profits and churches. There are many mistakes in bookkeeping that could have been avoided if a bookkeeper had learned how to do it properly.
There are ways to avoid making mistakes in church bookkeeping.
The majority of labor and employment laws applicable to churches are the same as those that apply to "for-profit" organisations. These include the guidelines for classifying workers as employees or independent contractors.
Atlanta Church Bookkeeping LLC proudly offers affordable non-profit and church accounting services in Suwanee Lawrenceville, Gwinnett, Gwinnett, Georgia. We know that nonprofits play an important role in the community. They play an essential part in building strong neighborhoods. Our team assists them to thrive, grow and succeed. Outsourcing the accounting of your church or nonprofit can bring you many benefits. Send us an email to learn how we can assist your church and nonprofit. We are always ready to assist.
While you focus on getting to know your community and growing your organization, we'll work to make the accounting function easy and ensure that your financial records are maintained correctly and accurately.
The church's administrative and leadership staff can focus on its mission rather than on bookkeeping.
It is also important to be able look at your bank balance and see how much has been designated or restricted funds, and how much you have left to pay the bills.
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.