by Cecil Benjamin | Jul 15, 2020 | 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...
by Jeanette Korporaal | Jul 7, 2020 | 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....
by Cecil Benjamin | Jun 23, 2020 | 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...
by Cecil Benjamin | May 29, 2020 | 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...
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...
