by Jeanette Korporaal | May 28, 2020 | Churches, Financial Management, Systems, Xero
People sometimes call us, saying: “My Xero account is acting a bit weird, what does it mean?” We ask, “what do you mean, what happens?” “I can’t run transactions properly and I can’t run reports” Scenario This is definitely an issue although generally it is not...
by Jeanette Korporaal | Apr 9, 2020 | Churches, Covid 19, Financial Management, Not For Profit
A couple of major stimulus packages ago the PAYG Cash Boost was announced by the Australian Government. Please click here for the details of this. In essence, eligible employers will receive credits allocated to their ATO Activity Account based on the filed March BAS...
by Jeanette Korporaal | Feb 25, 2020 | Church finance services, Churches, Financial Management, Not For Profit, Save Time, Systems, Xero
It has been a long-time common practice for churches to “set aside” money for future spending. This has been particularly used in the area of property maintenance and improvements. It has commonly been called “sinking funds”. The time to sink this practice has come...
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...
