Do we give an end of the year statement to everyone or just the people who gave over a certain limit? For example what if someone gives $40 for the whole year do we send them an end of the year statement like someone who gave $4,000?
That is up to your church’s policy. In my church, we have index cards in with our contribution envelopes; in which, members can check that they do need a contribution receipt this year and instructions to just drop the card in the offering container.
You still need to track and record everyone’s donations; however, the person who gave $40 may not need or want a contribution receipt.
Some send them out to all their donors...just to thank them for their support no matter how much it was.
Hope this helps,
Church Accounting Package
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