Church Bookkeeping Jobs
Most of the labor and employment laws are applicable to churches as well as "for profit" organizations. These laws include guidelines on how to classify your workers as independent contractors or employees.
Bookkeeping can be expensive in small churches. This is why it is often possible to combine the bookkeeping role with another one. Others churches will have to find a part time employee with less experience. Others may need to hire a volunteer treasurer in order to handle the accounting. If you hire someone who is experienced in the bookkeeping of many churches, they will provide better quality work at a more affordable cost.
Churches could face serious penalties if they pay workers with 1099s that the IRS determines should be classified as employees.
Most of the labor and employment laws are applicable to churches as well as "for profit" organizations. These laws include guidelines on how to classify your workers as independent contractors or employees.
Atlanta Church Bookkeeping LLC makes it easy to get started. You don't have to be an accountant to use our general ledger.
So why consider outsourcing? For some smaller to medium-sized churches, having an outsourced bookkeeper can increase expertise & accuracy, lower bookkeeping costs, and provide a missing link in internal controls. Let�s take a look at these one-by-one:
For a church to be financially healthy, accuracy and expertise are essential. A qualified and trained bookkeeper is an expert who understands the best way to enter, complies with federal and local requirements, and makes sure your reporting is accurate.
If you reconcile your bank and card statements with your accounting, you can identify errors like duplicates, missing transactions or bank errors on rare occasions.
Churches call the traditional balance sheet a statement of financial position. It uses the accounting equation “Assets = Liabilities + Equity” to show a snapshot of your organization's financial health. It also shows the current balance of each of your funds if you've been implementing fund accounting for your church.
Churches And Transparency
The standards of the Evangelical Council on Financial Accountability require that member organizations provide audited financial statements on request.
Churches and religious nonprofits must maintain highly accurate accounting and bookkeeping records in order to maintain their nonprofit status, budget accurately, and provide reporting to government entities and their parishoners or members.