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...
by Jeanette Korporaal | Jan 14, 2020 | Auditing, Churches, End of Year, Financial Management
2019 is gone and a new year, a new decade has begun! So now, for most churches and many not for profit organisations, it is time to prepare for your annual audit or assurance review. Here are the main steps that we have developed over many years of working with...
by Jeanette Korporaal | Nov 12, 2019 | Financial Management, Paperless, Risk, Save Time, Security, Systems, Xero
At Benkorp we believe our calling is to Raise the Standard of Financial Management of Churches and Christian organisations for God’s glory. The way our churches manage their finances is an extremely important witness for God’s Glory. We believe that Christians are...
