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News & Updates
Doors to close the financial year that’s ending soon
Churches, End of Year, Financial Management, Xero
There are 2 doorways looming large ahead, and we will all arrive very soon - there are keys to get through the doors Now is the time you can learn about the keys to open the doors Every church, organisation and business must go through these doors so that the Payroll...
Peace & Joy in Disruptive days
Churches, Covid 19, Financial Management
During this time last year in January 2020 we were as busy as ever in a January working with clients and inquirers for their year-end accounts - it’s a busy time of year for the team at Benkorp. At the same time we (Jeanette and I) were preparing to travel to the USA...
Is the best use of your time spent with your head in the financial books? What if you could let it go?
Churches, Financial Management, Save Time
“Look carefully how you walk, not as unwise but as wise, making the best use of the time, .… making the most of every opportunity … don’t waste time, try and understand what the Lord wants you to do.” Ephesians 5:14-16 You’ve probably seen the sticker, “I’d rather be...
It’s early August – – – it’s time for review
Auditing, Churches, Financial Management, Systems
This is the time for review, because we are all looking at the financial reports for July. For some churches this is one month into the new financial year, for some churches this is just past half way through the calendar year. For every church this is an ideal time...
Will you ‘fly or fall’?
Churches, Covid 19, Financial Management, JobKeeper, Not For Profit, Risk, Systems
We’re all approaching a cliff near the end of September, the “cash cliff” Will you ‘fly or fall’? Here are some reflections on what this can mean for our churches and organisations and ourselves, including some practical points about what can be done now. As you know...
Annualised Wages or Salaries – the new principle in 2020 – an update for the COVID-19 period
Churches, Covid 19, Financial Management, Payroll, Risk
The basic principle is that “each employee’s annual wage is high enough to cover the award entitlements” Many churches have people working on their staff who fall under the Clerks—Private Sector Award. On the 1st March 2020 the Fair Work Commission introduced a major...
Does your church employ non-ministry staff? Here are key requirements for the COVID period…
Churches, Covid 19, Financial Management, JobKeeper, Not For Profit, Payroll
Here is a summary of points you need to understand for adjustments required during the COVID-19 pandemic period in 2020. You need to be aware of the legislative arrangements to know that you are honouring your staff by meeting the requirements of the legislation....
Becoming involved during tough times
Church finance services, Churches, Covid 19, Financial Management, Not For Profit, Xero
During this strange season of COVID many churches and ministries are struggling with matters of governance and financial management while the members are either oblivious to their situation or feel inept to do anything or be involved. On the other side, it is in times...
The honorarium – is it still ok?
Churches, Financial Management, Not For Profit, Systems
Last December 2019 we posted an article about “paying people legally”. Since then so much has happened to make our lives somewhat chaotic. However some things don’t change. Despite the current season of COVID and all its challenges for our administrations we are still...