Ministry Accounting: How to Budget for Individual Church Ministries ruben April 10, 2024 No Comments Accounting is more than a church-wide activity. It's wise to consider the financial needs and budget of each ministry, too. Read more
What Is Fund Accounting and How Can It Help Your Church? ruben April 10, 2024 No Comments Fund accounting is a common accounting method. It is particularly effective in a church setting. Here's why. Read more
Addressing Church Accounting: In-House or Outsourced? ruben April 10, 2024 No Comments Faith-based accounting is unique and complicated. Can you trust a third-party accountant to help? If so, what kind of accountant should you look for? Read more
What Accounting Services Make Sense for Small, Midsize, and Large Churches? ruben April 10, 2024 No Comments Every church requires some accounting activity. Here are common services churches can consider to outsource their accounting. Read more
Pastor Employment: Are Pastors Employed or Self-Employed? ruben March 25, 2024 No Comments Pastors work at churches. But are they full-time employees or contractors? The answer depends on the circumstances. Read more
What Are the 10 GAAP Principles? (And How Do They Apply to Church Accounting?) ruben March 22, 2024 No Comments What are the 10 GAAP principles, and why do they matter when conducting accounting for a church? Read more
Chart of Accounts: What Is It and Does My Church Need One? ruben March 22, 2024 No Comments A chart of accounts is an important tool in helping an organization track its financial activity. Does a church need one, though? Read more
Single vs Double-Entry Bookkeeping: Which One Is Right For Your Ministry? ruben March 22, 2024 No Comments Single-entry and double-entry are two common forms of bookkeeping. Which one is right for a church? Read more
Financial Consulting for Churches: Definition, Benefits, and Tips ruben March 7, 2024 No Comments Financial consulting isn't reserved for individuals and corporations. But what does financial planning and guidance look like in a church setting? Read more
End-of-Year Tax Compliance for Churches: Employee vs Contractor ruben March 4, 2024 No Comments Are your church staffers employees or contractors? Explore the difference when it comes to the tax status of church workers. Read more