by Don
(Morgantown WV)
Some families turn in their offering envelopes every Sunday. Some families turn them in maybe once a month.
Let's say a family only attends church once in January, and let's suppose it's the last Sunday of the month. They turn in 4 offering envelopes, containing checks written and dated for the 4 Sundays in January.
Each check is for $100. Our bookkeeper will record that as one donation for $400. That's the way the church received the donation, all at once.
The giver wants us to record it as four donations, each for $100. When we prepare the end of year tax receipt, we list it as a one-time donation of $400, requiring us to list it separately as a gift greater than $250.
Is this the correct way to handle this, or is the giver correct in asking us not to list it as a gift greater than $250??
Comments for Single Contribution checks less than $250.00
|
||
|
||
|
||
If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.
Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)