What is a Statement of Activity?
A Statement of Activity (also known as an Income Statement or Profit and Loss Statement) for a church is a financial report that shows the church’s income and expenses for a specific period of time,…
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Why should you outsource your church bookkeeping?
There are several reasons why churches may choose to outsource their bookkeeping: Expertise: Outsourcing allows churches to leverage the expertise of professional bookkeepers who specialize in church accounting. These professionals have experience dealing with the…
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…