Accountants
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.
Religious and faith-based groups need the expertise and guidance a Certified Public Accountant.
There are no two churches the same. Each church's needs are different due to their size, staffing capabilities, volunteers available, and resources. FT Walton Church Bookkeeping LLC has many options available to assist churches in managing their finances, as well as helping them to maintain and improve the one they already have. These are the four options available. Contact us to request one that is customized for your congregation
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.
Even if one of your members is a professional accountant or bookkeeper for nonprofits, it will still be an investment to hire a specialist to handle your church's books. This is why we encourage you to make it a priority. Your church can reap the benefits of this investment in three ways.
You can find duplicates, missing transactions and bank errors by reconciling your bank and credit card statements.
Your church is a vital part of the mission. It's important that your bookkeeping doesn't get in your way. The best church accounting software can help you quickly and accurately do your church bookkeeping so that your administrative staff can concentrate on what is most important for your ministry.
Establish a church accounting system that not just tracks expenses and income but also tracks your assets, liabilities and assets.
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.”
All organizations should follow generally accepted accounting principles (GAAP), using an accrual basis to record income and expenses when they are earned and incurred. However, many churches use a cash basis—recording income and expenses when they are received and paid—or a combination of both approaches.
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.)
In a non-profit organization, such as a church, the board is the bearer of this fiduciary responsibility and therefore should properly oversee all operations, including finances, to protect the members of the church.