by Cecil Benjamin | May 25, 2021 | 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...
by Cecil Benjamin | May 24, 2021 | 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...
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 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....