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We know. You didn’t enter ministry to become an accounting professional. You are a church leader because you want to make disciples and share Jesus Christ's good news.
However, every church must manage its finances. Every week there are tithes to be paid and offerings to be made. There are bills that need to be paid, income to meet, as well as salaries to be earned. It's all a lot of work to keep track. Accounting software for churches can help you navigate these waters, even if Excel is not your forte and you don’t know the difference between a debit or a credit.
A Certified Public Accountant with experience in religious and faith-based organizations is more important than ever.
We know. You didn’t enter ministry to become an accounting professional. You are a church leader because you want to make disciples and share Jesus Christ's good news.
This is the ideal time to utilize our church bookkeeping services in order to ensure that all financial records and policies are correctly set up. Because you may only have one person to do your bookkeeping, outsourcing your bookkeeping allows you to concentrate on the growth of your organization.
FT Walton Church Bookkeeping LLC is proud of offering affordable and high-quality church accounting in Suwanee (Lawrenceville), Gwinnett, as well as throughout Georgia. We recognize that nonprofits are an essential part of the community. They play an integral part in building strong communities. Our team is there to help them grow, prosper, and succeed. The benefits of outsourcing accounting to your church and nonprofit are endless. Let us know how we can help you church or nonprofit. We are always available for assistance.
The tip to avoid this church bookkeeping error is to thoroughly look at each individual you are paying for a service they do for the church and using the IRS guidelines (link in the Misclassification article) to determine if they should be classified as an employee with all proper payroll tax withholding and matching or could be classified as an independent contractor.
Congregations sometimes find themselves in a bind when it comes to bookkeeping. FT Walton Church Bookkeeping LLC's bookkeeping services are designed to save you time and money.
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.