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News & Updates
ARE YOU READY FOR Payroll Year end & STP Finalisations?
Churches, End of Year, Financial Management, Not For Profit, Payroll
Payroll Year end & STP Finalisations + Register for Live webinar on how to Process EOFY payroll in Xero June 30 is almost here and the STP Finalisations must be finalised and submitted to the ATO by 14th July. Here are some tips to help you get ready and to...
Faith and Finance – Part 1
Churches, Financial Management, Not For Profit
Is there a dichotomy? Are they juxtaposed? Faith and the Gospel open with a Biblical, middle eastern, worldview - very different from the way westernised people generally approach life, and especially finance. For Christians faith is “a strong belief based on...
Stay in control of your banking details
Churches, End of Year, Financial Management
Being responsible for the financial management of organisations and responsible to the members of the church or other stakeholders, we should always strive to reduce any risk of possible fraudulent activities, where people may deliberately change the banking details...
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...