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Church Treasurer Fund Accounting Software — 3 Tips For The Best Solution
by
Al Bullington
Church treasurer fund accounting software helps everybody. That’s because good records and reports are cornerstones of accountability. Build proper controls into an accounting system and the treasurer job gets easier. But how do you choose an accounting system?
What are the requirements?First determine what you need. Do you need accounting for several funds? Probably. What kind of reports would you like to generate? How about payroll? Is this done outside or do you need payroll software? Thinking about what you need is the first step in choosing a system?What about support?The initial cost of any software is only part of the total cost. Training and learning are usually significant costs too. That’s why you want software that’s complex enough to do the job, but not more complex than is necessary. Who will you call when you have problems? Often a local accounting firm will help you if you have software from a major company. But with free software from an unknown source you may be on your own.Accounting for self defense.Churches often have very poor accounting controls. That means just one person handles much of the finances and for a long period of time. This is often a disaster. There should be clear involvement by more than one person in every phase of handling the money. This is the way to maintain trust and protect the treasurer from any temptation and any suspicion too.Choosing church accounting software depends on the needs of the group. Think about the kinds of reports you need to show income and disposition of the funds. Make sure you can get help to deal with accounting software problems. Also make sure the software is only part of an accounting system. Checks and balances are essential for a sound church accounting system.
Get more tips to help you pick the best
church treasurer fund accounting software
at our website. Al Bullington is a CPA (retired). Find more accounting software ideas at
AccountingSoftwareTrends.com
.
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Church Treasurer Fund Accounting Software — 3 Tips For The Best Solution}