by Jeanette Korporaal | Feb 3, 2020 | Churches, End of Year, Financial Management, Paperless, Systems, Xero
Year end is a busy time for the bookkeepers, accountants and treasurers for churches. There are a lot of reports and a lot of detailed accounting work that must be completed. Amongst all the reconciliations of assets and liabilities is the reconciliation of the GST....
by Jeanette Korporaal | Jan 29, 2020 | Churches, Financial Management, Paperless, Systems, Xero
Payments Transactions Report from Xero, this has been one of the commonly requested report forms requested by our clients. Many people have been using spreadsheets for the church bookkeeping and accounting which means there are can be doubts about the accuracy or...
by Jeanette Korporaal | Jan 14, 2020 | Auditing, Churches, End of Year, Financial Management
2019 is gone and a new year, a new decade has begun! So now, for most churches and many not for profit organisations, it is time to prepare for your annual audit or assurance review. Here are the main steps that we have developed over many years of working with...
by Jeanette Korporaal | Dec 10, 2019 | Churches, Financial Management, Risk, Save Time, Systems
Our experience in working with hundreds of churches is that many churches often do not classify and process all payments to people legally. They pay cash* to people and expect that it does not need to conform with proper process or documentation. When we ask people...
by Jeanette Korporaal | Nov 26, 2019 | Churches, Financial Management, Risk, Save Time, Systems
This article is another in our series about “5 Principles to Raise the Financial Management of your church for God’s Glory”. This time we focus on Principle 1 – We are called to be above reproach What does it mean to be above reproach? The Bible speaks of being...
by Jeanette Korporaal | Oct 16, 2019 | Churches, Financial Management, Paperless, Systems, Xero
So, what do I mean, when I say Donations Received for others? When I refer to Donations Received for Others, in the church context, I am referring to the money given to, or collected by, churches. This money is given with the expectation that the church will pass on...
