Nonprofit and Church Accounting Blog

This accounting blog...

  • informs you when any new web pages appear on my site,
  • shows you the latest question, comment, or tip posted by readers...(please feel free to browse the questions below and answer the ones you feel comfortable answering),
  • let's you know when an error is found in my free financial spreadsheets and how to correct them.

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Aug 14, 2017

Using QuickBooks for a Church or NonProfit

Can QuickBooks be an affordable, sensible choice for smaller churches and nonprofits that have a limited budget and manpower?

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Aug 14, 2017

How to Convince Lenders to add your Housing Allowance into Your Income for Loan Qualifying?

I had a phone call from a pastor friend who needs to refinance his home. Unfortunately, the lenders they are speaking to will not let him add his Housing

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Aug 13, 2017

Chart of Accounts for a church

What is a chart of accounts and how should you number your chart of accounts for a church or nonprofit?

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Jul 31, 2017

Can the deceased pastor's wife benefit financially from the church?

Our pastor recently passed away and the church voted to give his wife a portion of his salary for 3 months plus pay her long-term care insurance for 2017.

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Jul 31, 2017

Mileage Rate for Small 501c3 Non Profit Organization

I hope someone has the answer to this. We operate a small Non Profit Ministry that is NOT A CHURCH! We are exclusively an evangelistic outreach ministry.

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Jul 31, 2017

Waiving Tuition in Exchange for Professional Services

We are a non profit organization 501 c3, religious, catholic private school who receives tuition fees from the enrolled students. We have a parent that

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Jul 25, 2017

Church not including housing allowance on paycheck!

If my church hasn't been including the housing allowance deduction on my paycheck and I have paid tax on all of my income, will this ultimately affect

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Jul 25, 2017

Carrying a loss on sold property

Our church owned a rental that was losing us money each month. We sold the property, also at a loss, but at least are not losing more money each month.

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Jul 16, 2017

Claiming housing on tax when self employed

I am licensed minister in wash. DC. I am attending Seminary in another state. I need to attain housing to attend school full time. I am not employed

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Jul 16, 2017

Correcting 941

I forgot to check box 4 on my 941, how do I correct that?

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Jul 14, 2017

Fund Accounting System Set Up

How to set up a fund accounting system for a small church or nonprofit.

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Jul 14, 2017

Aplos Software for Church and Nonprofits

Aplos Software recommended by FreeChurchAccounting.

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Jul 06, 2017

HSA Paid as an Allowance directly to Pastor

My church pays an HSA as an allowance directly to one of our pastors, rather than into the pastor's HSA. The pastor then deposits it into an HSA managed

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Jul 01, 2017

100% housing allowance

We have a bi-vocational pastor. He is an established teacher at a pubic school. All of his bi-vocational church salary, $42,000, is deemed a housing allowance.

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Jun 22, 2017

Selling My Church

Due to some unfortunate events and shrinking congregation we have decided to close the doors on our lovely little church after 17 years. I am a volunteer

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