church accounting

In a previous video, we looked at how a  capitalization policy works in an organization. That document states that any item purchased over a certain value is considered a fixed asset.…

Cash and accrual are two ways your organization can keep track of its finances. Most organizations function off of a cash basis, but there may be a situation where running…

Fund Accounting Basics In standard accounting you keep track of your assets, liabilities, equity, income, and expenses for one account. With fund accounting, you need to track those five things,…

Any accounting software you use should have three primary areas, and we will show you these in Aplos, as well as some of our newer advanced features. The first is…

This is a pretty big topic that can get complex fast, but here are the basics on what fixed assets are and how to track them in your accounting. A…

Do nonprofits pay taxes? In short, the answer is both yes and no. For the most part, nonprofits and churches are exempt from the majority of taxes that for-profit businesses…

Learn the basics of fund accounting for nonprofits and churches. In this webinar, we’ll take a very basic look at what accounting is, and how you can begin to understand…

For both nonprofits and churches, the end of the year tends to be a common time for giving. In particular, December is the biggest giving month of the year. Lots…

What is journal entry anyway? What is double-entry accounting? And how do journal entries work in fund accounting? We’re glad you asked. When you enter a transaction in an accounting…

An Intro To Nonprofit Fund Accounting What is fund accounting, and what does it have to do with nonprofits, charitable, or religious organizations? It’s a standard almost all nonprofit organizations…