Churches are constantly changing, but is your accounting system keeping up? One of the biggest reasons for having an accounting software is accountability, which is particularly important for churches. This is where fund accounting comes in, so we’ll go over some basics for your church. Learn how to provide your leadership with the reports they need so they can make strong financial decisions and demonstrate transparency.
Laying a firm foundation is key for any church accounting software. As your church grows, the accounting structure becomes more complicated because you start hiring more people, your expenses increase, and your programs change. The foundation will help you track your expenses and scale as your organization grows. Learning some of the basics of church accounting will help you set up your structure and funds for efficiency and accuracy. Then we’ll show you how common church complexities can be reflected in your accounting system so you can pull the right information for the reports you need.
During this webinar we will discuss:
- Common pitfalls in church accounting systems
- Best practices when it comes to your church’s chart of accounts, and creating and managing your restricted funds
- Popular accounting structures for churches
- How to adapt for complex structures, such as multisite churches, or separate entities, like ministries or preschools
If you want to see how Aplos can help your church with its accounting, try it for free.
Can you tell us how to set up Memorial funds?
Hi, Elizabeth. Are you trying to set up a memorial fund through Aplos? I would recommend emailing or calling our support team, or check our knowledge base at https://www.aplos.com/support/ if this is the case.