Move from Excel to Xero Accounting Software
A great blog from Xero – our accounting platform of choice. Small businesses often start out using Excel – but that’s only doable up until a point. Like every teenager eventually becomes an adult, your…
Tips
What churches need to know when hiring employees
Many churches are unfamiliar with all of the reporting that is required for new hires or rehires. Please set the example by being a good citizen and following the law for new hires. Here are…
Preventing Fraud in Church Accounting – Download Now!
Some people may not know how I ended up working so closely with churches on their books. I was working with a variety of businesses — travel agencies, contractors, publishers, nonprofit organizations and then a…
10 Biggest Financial Mistakes Churches Make
10. Accepting designated gifts without exercising adequate control as to how the gift is disbursed. 9. Providing donor receipts for material (in-kind) gifts or services. (You can receipt but put NO $ value on it.)…
Conference Tips for Churches
I’m exhibiting at the Texas Ministry Conference on Feb 20th and it got me thinking about my conference tips. I hope you enjoy these suggestions, let me know what suggestions you have! For many people,…
Paying Your Pastor – A Dual-Tax Status Taxpayer…What???
Ordained, commissioned, or licensed pastors serving in a ministerial capacity are dual-status taxpayers – this means they are treated as an employee AND self-employed. But practically speaking, what does this mean? 1. A church should…