Easy Book Keeping Accounting Software For Church Singapore
There are not people aware that religious organization like church, Buddhist temple, Sikh temple, Hindu temple, Mosque, Soka association meets the requirements of IRC section 501(c)(3) are automatically considered tax exempt non-profit organization and are not required to apply for and obtain recognition of tax-exempt status from the IRS.
Why do we need an accounting software for church?
Church and other religious organization are operated by both my volunteers and full-time salary staff where funds are from donations from the public. There assets like buildings, equipment and vehicle which needs maintenance and servicing, there are grants received, donations and sponsorship from givers from the public. All these items need to be transparent and accountable on how the donations are received and funds are being spent.
What is accounting software for church and other religious organization?
The accounting software for church and other religious organization had to be customized for tax exempt.
Basic accounting module
- Customize Chart of Accounts
- Account Payable and record monthly expenses
- Account Receivable that track donations from members
- Email custom reports to board members
- Maintain records of membership
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