Our experts will make sure that all information is included and accounted. Let us handle the hassle so you can be focused on your mission.
Our team of not-for profits tax advisers has many years experience working with churches, synagogues or other faith-based organizations in order to minimize their taxes, protect their tax exempt status, and help them avoid tax.
We are sure. We know. You became a pastor to share the good news about Jesus Christ with others.
Good financial health is dependent on accuracy and experience. A trained and qualified bookkeeper ensures that you have an expert who can make accurate entries, understand and comply with all local and federal regulations, and is able to report accurately.
Our experts will ensure that every piece of information is available and properly accounted for. We'll handle the tedious work so you can concentrate on your mission.
FT Walton Church Bookkeeping LLC is able to help you prevent fraud and reduce other financial risks that could potentially affect your church or nonprofit. There are many stories about charities and other 501c3 organizations misusing funds. To help protect your organization, we will keep an eye on your books.
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:
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.
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.
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.
Churches And Transparency
The standards of the Evangelical Council on Financial Accountability require that member organizations provide audited financial statements on request.