PowerChurch doesn’t have a standard report for the third major financial statement, “Cash Flow”, otherwise known as “Sources and Uses of Cash”. The Cash Management report without assets and liabilities selected is the closest report I have seen, but it doesn’t take into account the changes in assets. The same report with the assets and [...]
This subject came up on the PowerChurch help forum (www.powerchurch.com/forum), about the rules governing passing contributions through to individual missionaries. I was involved in the discussion and didn’t have my facts entirely correct. So, this was a learning experience for me. Here is a link to the discussion on the forum.
If you are using your checking account for general check writing, and as a “savings” account for money that is set aside for some future project, PowerChurch can help keep track of the two-accounts-in-one just fine, however… When you receive your bank statement, you will be looking at an amount that you’re not used to [...]
Churches are affected by the startup of school in many ways. Every church has students in attendance, and most have a large attending population of teachers as well. Some churches are affected so much that their giving is seasonal with the changing school calendar (our church is like that). Some churches have a good number [...]
Our local newspaper today report several non-profit organizations losing their tax exempt status for not having properly reported their tax forms for three years in a row. Churches are not subject to the same reporting as some non-profits organizations, and there is a threshold of income on a for-profit section of a church’s business. Be [...]
I was reminded by a post on the PowerChurch help forum (powerchurch.com/forum) of the years when we tried to print our own church directories, thinking we could save money over having them sent out to the printers. We vastly underestimated the amount and the cost of ink cartridges of about 8-years-ago vintage printers. Wow! We [...]
Among the many changes in the version 11 upgrade of PowerChurch are the outstanding improvements to the payroll module. High on the list of payroll changes is the ability to access all of the menus from the list of employees. Each tab represents what used to be a separate menu item that had to be [...]
I find that using the Income and Expense reports makes a cleaner budget report than the PowerChurch Budget Report when used in this way: Since our budgets are divided up month-by-month, we like to see a year-to-date expense compared to a 12-month budget. Therefore, we use the Income and Expense Report from January to December, [...]
Here is an interesting article on a church accounting software marketing site: “Some companies offer computer programs on the Internet and provide a free downloadable trial version. Some sites have tutorials that assist with learning how to operate the software. Tutorials for church accounting software usually include basic information about the program; how to begin [...]
I have been asked about having a comment section after each article, and I have made the decision not to have comments turned on. Sites like this become easy targets for spammers, and it takes away from the purpose of the site to have to sift through a large percentage of spams to get to [...]
