Church Accounting and Record Keeping Course
This course will focus on simple bookeekeeping and accounting for churches, also the Church and Minister/Pastor tax Law Compliance Procedures required by the IRS. Proper bookkeeping and accounting show concern for a church being alive and on mission for Christ. The 21st Century church must consider the scriptural requirement to provide things honest in the sight of men as well as in God's sight.
The best solution to your bookkeeping problems is not to ignore stand accounting procedures and not to expect people to accept your personal honest and good intentions when it comes to handling, managing, and accounting for God's money. We must learn to manage God's money in such a way as to honor him and protect the good name of His church and His people. the procedures taught in this course will not be excessively time consuming in day-to-day operation and will allow the maximum amount of time for the other duties of the ministry. It will provide the young pastor and church with the ability to give a proper accounting to the whole world of how God's money is used in God's work in that church.
The Benefits of Quickbooks Pro
Financial statements, in general, are comprised of four components: Balance sheet, Income statement, statement of cash flows.
A good accounting system includes checks and balances to avoid tempting both trust worthy and the not so trust worthy employees. Who is responsible for internal control- the responsibility rest squarely with the board of director or equivalent of a company or institution?
The business may require determination of a chart of accounts to properly record activity. Recommend Quickbooks Pro accounting software, which will provide the integrity, structure, and accountability needed to be in compliance with IRS code. We encourage the convention to be as self-sufficient as possible, and after the initial set-up and training with Quickbooks you can reach that goal, that will assist with any area of accounting.
Three Things You Should Never Do To Get out of Debt
1. Never take out a home equity loan to get out of debt. A home equity loan is essentially the same as a second mortgage. It is a loan to pay off high interest credit card debt with a much lower interest rate, with the possibility of deducting the interest from our income tax. From a purely interst point of view it makes sense, but only for the very short term.
At WC Mitchell Tax & Financial Services we provide credit counseling as well as a wide array of services to help you with your financial needs. The thing that makes us uniques from many other tax companies is that fact that we are not seasonal. We are a year round company that not only provides tax services but bookkeeping, payroll, and much much more.