Revenue and Cash Budgets

But to speed up the process, you could start by building a partial emergency fund. Generally speaking, you don’t need to be great at math to make and follow a budget. First of all, understanding general concepts relating to your income, spending, debt, saving, and allocating your funds are important. Then, the basic ability to […]

Total Liabilities: Definition, Types, and How To Calculate

A similar ratio called debt-to-assets compares total liabilities to total assets to show how assets are financed. While both assets and liabilities are reported on a company’s balance sheet, they’re very different. Assets are something the company owns and can be classified as tangible or non-tangible. Tangible assets are those that you can touch, such as buildings […]

Church Accounting Software

Based on my experience in worship teams, I’ve shortlisted and reviewed the best church accounting software to help you efficiently manage budgets and have accurate and transparent financial record-keeping. The best way to organize the above-mentioned funds is with fund accounting. Fund accounting lets churches split income by how it’s collected and used and allows […]