Applicable Accounting Software For Churches
- Time:2020-09-10 13:03:17
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Sunday service brings us all together to a place of worship. And though there are many ways to carry out Christian services, donating is, perhaps, the most popular. 1 Peter 4:10 “As each one has received a special gift, employ it in serving one another as good stewards of the manifold grace of God.” Seeing as the church is perhaps the most popular recipient of donations, with all the good work the clergy does, it becomes difficult to track and manage its finances without dedicated accounting software. However, finding one that is applicable may need work. That said, Here is what you need to know:
Why Churches Need Accounting Software
Churches receive many donations from a plethora of people. These donations are then used to fund certain aspects of a church. Without accounting software, churches may find it difficult to create their financials, which include balance sheets. An accounting software program will make this possible by employing Fund and Income statements, which are then printed and emailed to church officials.
An accounting software program will allow churches to gain deeper insights, regarding donations, by using things like pledge tracking, lapsed donors, donations from donors, and other types of reports. It will also facilitate the process of budgeting reports, creating custom charts that fit the structure of each church separately.
By employing such software, churches will grant keen donors easy access to make donations through mobile apps. Moreover, it will allow them to prepare for each month and quarterly giving statements.
Things To Look For
Just as you would expect from any other accounting software, an accounting software program for churches must obey fund accounting principle. This is essential for keeping the accounting books updated correctly, and you can click here to learn more about fund accounting principles. Many software developers will advertise that they offer church accounting; however, this does not mean they offer fund accounting principles.
The reason churches need to use fund accounting is because, unlike profit businesses, a church does not look to make a profit, and instead looks for stewardship. This will help governments ensure that non-profits are not making profit.
Popular Church Accounting Software
Here are some popular church accounting software programs, based on reviews:
FlockBase
According to reviews, FlockBase is a user-friendly program that gives great value. It also offers near ideal customer support service, as they are very helpful and responsive. However, it is thought to better suit smaller churches, and, as such, they do not offer a range of accounting services.
Aplos Church Accounting
This software is found to be great at tracking contacts, adding custom accounts, and creating reports. Additionally, it is capable of managing funds for various ministries. It is an easy-to-use software that requires absolutely no accounting service. However, some users may experience difficulties in getting what they want from their reports. The software can also be buggy, depending on the load it is given.
Fellowship One
Fellowship One is a robust accounting software that can easily get reports done. It comes with a number of extra features, and the pricing is kind. Nevertheless, it may seem counterintuitive and could succumb to troubles like having users unable to access some reports.
Church accounting software is important for the management of a church’s funds. Without one, a church could find itself overwhelmed with the influx of donations and funds. For this reason, it is important to make sure to get one and check that it carries out functions and operations seamlessly. Ideally, staying away from software that breaks down is important. But you will also need to make sure it offers fund accounting principles, which will help in keeping the church’s books updated.
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