The Church Budget and General Fund: A Guide
Three key areas to focus on are operational expenses, ministry expenses, and mission expenses. Your church’s website serves as the central hub for online donations. Host a general donation form,…
Read moreHow to automate invoice coding in accounts payable
For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. As they spend less time…
Read moreHow to Process an Invoice: A Guide for Small Business Owners
A company selling merchandise on credit will record these sales in a Sales account and in an Accounts Receivable account. Travel and entertainment, Accounting Periods and Methods commonly known as…
Read moreThe Complete Guide to Creating a Church Budget
If you haven’t already seen this article, I wrote one recently on How to Get Google G Suite for Free as a Nonprofit, which includes Google Sheets. If your church…
Read moreFree Church Budgeting Template and Guide
Don’t tighten it down so hard that you don’t give the Lord time and room to move. At other times I’ve seen us tighten our expenditure to make the faith…
Read moreConstruction Bookkeeping Tips to Maximize Contractor Success
When done properly, job costing helps construction managers and accountants predict costs and assess project budgets more precisely. Speaking of which, job costing concerns itself with 2 types of costs…
Read moreBest Construction Accounting Software 2024
Because the pay application process is complicated, many contractors avoid doing it more often than monthly. Yet, it’s one of the things that construction accountants recommend to improve financial outcomes…
Read moreConstruction Bookkeeping For Contractors
You’ll want to include a description of each transaction, the date of the transaction, and the revenue received. First and foremost, construction bookkeeping provides contractors with accurate and up-to-date financial…
Read moreConstruction Accounting 101: A Simple Guide for Contractors
Also called fixed-price contracts, where the parties agree on a fixed price for all the materials and labor for an entire project or phase. Just as you have project managers…
Read moreConstruction Accounting: The Complete Guide for Contractors
The installment method is usually used when your client makes payments over time. In these cases, there’s a risk that you won’t collect the full payment, so it’s wise to…
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