10 Best Church Accounting Software Of 2023

accounting program for churches

Our church accounting software is built for churches and non-profits. We’ll make it easy to handle the financial particulars that come with the territory. Don’t get stuck with accounting accounting for churches software that isn’t built to handle everything that relates to your church’s finances. Ministries shouldn’t have to spend more than they should to track their church finances.

How do you balance a church budget?

A general rule of thumb is to budget off of 80% of the church's income (tithes and offerings) and put the rest in reserve.

That’s where money is appropriately placed and then used according to purpose. Churches, unlike businesses, often have a limited budget due to the conviction that causes need funding more than overheads. ZarMoney is not only reliable accounting software, it is also the cheapest solution with no hidden fee or service charges.

Connect to apps that work hard for churches

Churches can also use Aplos to set up budgets and ledgers based on specific money, initiatives, and missions. Whether a small church or a large one, running the church without financial help is nearly impossible. Churches collect offerings and donations and have other funding sources. AccountEdge Pro has a one-time fee of $499 for Windows users, while Mac users can avail themselves of the software for $15/account/month. The interface is user-friendly and straightforward, making it easy for churches to manage their information. This method is ideal if you don’t mind monitoring your funds and data from one location and license.

accounting program for churches

Churches can use these invoices to earn added revenue for weddings, funerals and other events. The only downfall here is the limitations on the number of clients you can invoice at one time. However, you can delete a client to make room for more, then easily undelete recurring clients as you need to invoice them. You can also save multiple designs depending on the type of invoice. You don’t have time to spend hours looking at videos or reading an entire user guide just to figure out how to get started.

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Our Lean Selection methodology, a nine-step technique that helps you find the right business software for any company size or industry, gives you a blueprint of the software selection process from start to finish. “Our church accounting is much more efficient with Aplos. It is easy to set up and use. I’m able to keep track of multiple accounts with ease.” Wave Accounting is best for very small churches with zero budget to cover accounting software. Whether you’re a church plant that’s just starting out or you’re a well-established ministry looking to make the switch, SimpleChurch with Shelby Financials can save you time and help you be a great steward of your church finances. Your system should automatically be tracked in your general ledger, so you don’t have to duplicate data entry or do special imports. It is also beneficial to have payroll automatically allocated to funds and departments.

  • Nonprofit accounting differs from general business accounting, and so it’s crucial to work with an accountant or bookkeeper who understands nonprofit accounting in general and church accounting in particular.
  • Connecting church staff to their accounting records is crucial to maintaining accountability and up-to-date financial status.
  • As a central inventory system for managing your organization’s equipment, ACS Fixed Assets tracks specific asset details from acquisition to depreciation to maintenance.
  • It can track project expenses and perform in-depth financial planning for projects.
  • Reduce administrative work while improving oversight and efficiency.

Designed by a CPA and executive pastor, Aplos targets the specific needs of churches. Its report and analytics feature allows you to monitor real-time data, including cash flow, funds balances, online giving, and bills. Perhaps you’re wondering how I selected the best church accounting software for this list? To build this top 10 list, I evaluated and compared a wide range of church accounting software with positive user ratings. AccountEdge Pro is designed to be user-friendly and easy to navigate, allowing users to quickly and easily manage their finances and inventory.

Payroll that’s accurate and on time

Additionally, PowerChurch Plus offers tools for managing member communications, including email, text messaging, and social media. These tools help churches stay in touch with their congregants and keep them informed of upcoming events and activities. Investing in new software can cost anywhere from a few bucks to $100,000 or more.

ACS church accounting software is a flexible, easy-to-use, double-entry accounting system that adheres to nonprofit accounting standards and offers either a cash or accrual basis. Setup begins with the creation of your unique chart of accounts that interfaces with all the other financial modules and optionally with ACS Contributions and HeadMaster. You can track budgets and spending by fund, department, committee, and project. ZipBooks can be accessed from any device with an internet connection, making it easy for users to access their financial information from anywhere at any time. Additionally, ZipBooks offers a variety of integrations that allow users to connect their accounting software with other tools they use in their business, such as payment processors, time tracking software, and more. This makes it easy for small business owners to manage their finances and streamline their workflow.

Align ministry goals with data and financial insight

Although a church is not run as a profit-making business, you still need to balance expenses with income from donations and other sources of revenue to keep the doors open. This accounting software is designed especially for churches and can be easily customized for your church size and the community services you provide. QuickBooks Online helps keep your church finances organized in one place, no matter the size of your organization. Whether you’re tracking the expenses of your youth group or monitoring donations from your congregation, you can customize your QuickBooks church accounting software to work for you. You can easily monitor cash flow and determine accounts payable and receivable without hassle. Small churches focused on church growth will easily appreciate these features.

QuickBooks has leaned down its church-specific software to cater to small churches, growing congregations, small businesses, and non-profit organizations. Yes, a church, like any other organization, needs a balance sheet. Balance sheets are used to evaluate the financial health of an organization by showing the amount of assets it has, the amount of liabilities it owes, and the net assets or equity the organization has. It can also provide insight into the church’s liquidity, or its ability to meet its financial obligations.

To better understand the importance of church-based accounting software, we need to first understand the contrast between for-profit businesses and not-for-profit institutions. Wave is cloud-based, so you can securely access your accounting software and your financial information anywhere you are. Reconcile expenses, record donations, and manage receipts whenever it is most convenient.

accounting program for churches

Process automation enables you to produce batch invoices quickly. IconCMO provides robust financial management capabilities, including accounting, budgeting, financial reporting, and revenue recognition. Users appreciate the software’s ability to track income, expenses, and donations and generate financial statements. Xero can be used for church accounting needs by allowing the church to track their financial transactions, such as income from donations, expenses for events and programs, and payments for bills and expenses. It can also be used to generate financial reports, such as balance sheets and profit and loss statements, which can be useful for budgeting and decision-making. It may seem obvious, but the most important reason is that it is created for the church.

This church accounting programs program offers proficient church bookkeeping features, allowing users to track and handle numerous financial activities conveniently. It promotes double-entry accounting, which ensures accurate record-keeping and trustworthy financial reporting. American congregations across the country receive around $74.5 billion per year collectively. The right church accounting software can make a world of difference when it comes to managing the finances of your organization.

Nonprofit accounting differs from general business accounting, and so it’s crucial to work with an accountant or bookkeeper who understands nonprofit accounting in general and church accounting in particular. Why do we recommend QuickBooks Premier — a desktop-based product — instead of cloud-based QuickBooks Online? Although you can employ workarounds to make QuickBooks Online work for your church’s accounting needs, QuickBooks Premier Plus provides industry-specific features like donor reporting and end-of-year donation statements. You can add payroll processing for $40 per month, plus $6 per employee.