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Here's another article from Smart Church Management: People who work for churches do so because of a calling and deserve the same compensation as someone working in any other organization. A church compensation strategy can help! Churches that are large enough to have a paid staff should intentionally consider their employees’ pay and benefits. Church boards   should develop a compensation strategy that lines up with the overall   strategy and mission of the organization . Church compensation planning includes employee pay and the cost of all other benefits – health, life, disability, 403-b contributions, etc. A compensation strategy is part of ...
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Quality management is not a new concept to many industries. As far back as the 13th century, there were established models for managing and improving product quality. A discipline that started in manufacturing migrated to service industries such as hospitality, hotels, and healthcare. As these industries have embraced  quality concepts , consumers have developed higher expectations for positive, error-free service experiences. Whether it’s a product free from defects or services that are customer-friendly and offer ease of use, we’re constantly raising the bar. Because of this phenomenon, there’s an increased pressure on nonprofit and church organizations ...
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Allison Webb, Head of NFP at AcctTwo, and William Vanderbloemen, CEO at Vanderbloemen, discussed planning for financial transitions with systems, processes, and people recently on a webinar. It is becoming more and more critical to have  nonprofit succession plans  for accounting and back-office staff vs. succession planning for leadership roles. Watch the webinar, hosted by Vanderbloemen, to hear their full discussion – below are highlights from the conversation.     How do we prepare a Succession Pipeline for highly skilled back-office jobs?   Your CFO or Finance Director communicate the financial health of your church to your senior leadership who ...
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AcctTwo’s Head of Nonprofit, Allison Webb, recently spoke at MinistryPlatform’s “Evaluating Church Finances Post-COVID” User Group. Allison and Glenn Wood, Seacoast Church’s Administrator, discussed how to approach your churches finances during these changing times. COVID-19 has Impacted Churches Nationwide - How do Churches Look Post-Pandemic? Most churches are open, but attendance isn’t “back” to what it once was. In person church attendance is running 40-65% of pre-pandemic averages. Know your attendance, the number is slowly climbing as members become vaccinated and regulations loosen. There is still a lot of uncertainty on where the pandemic is going. ...
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Sage Intacct Release 2 for 2021 is live and AcctTwo's Customer Success Team is hosting an overview webinar on  Thursday June 10th at 1PM CT / 2PM ET . This feature packed update from Sage Intacct includes: Time Savings:   Reconciling with matching rule automation Efficiency Updates:   Managing the close process with improved checklists and visibility into close status Greater Insight:   Advanced reporting and analysis capabilities Features & Benefits in Sage Intacct's Release 2 2021 New features and benefits made this quarter give users increased visibility and flexibility across all areas of Sage Intacct. Take a closer look at the ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about purchasing approval tips and tricks.  Here is the link to the video.   About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about purchasing approval tips and tricks.  Here is the link to the video.   About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. ...
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The status quo is changing in the nonprofit world, and the pandemic only picked up the pace. Every nonprofit, regardless of size, location, or mission, needs to be prepared for a future that looks drastically different than the past – and right now is the inflection point. This is the first in a six-part blog series from AcctTwo exploring how and why nonprofits are evolving and why reporting your  nonprofit outcomes  will be necessary to remain relevant. Our partnerships with diverse nonprofits and deep experience within the industry has made us aware of an emerging trend that we believe needs attention, followed by planning and preparation. This blog series ...
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Summary of Recent Changes Updates as of April 24, 2021 Updated background for what is known about COVID-19 and transmission among children and in summer camp settings Added vaccination information Updated guidance on physical distancing Updated guidance on camp activities, including sports and athletic activities Updated considerations for screening testing and contact tracing Updated guidance on cleaning and disinfection Removed guidance on physical barriers Updated guidance on developing emergency operations plans Updated guidance on ventilation and water systems Updated guidance for communal spaces, food service, playgrounds ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about dimension balance report tips and tricks.  Here is the link to the video.   About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. ...
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The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. The IRS will be providing formal guidance in the coming days. "This continues to be a tough time for many people, and the IRS wants to continue to do everything possible to help taxpayers navigate the unusual circumstances related to the pandemic, while also working on important tax administration responsibilities," said IRS Commissioner Chuck Rettig. "Even with the new deadline, we urge taxpayers to consider filing as soon as possible, especially ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about template import tips and tricks.    Here is the link to the video.   About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective ...
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Recently we hosted our 6th annual Faith-Based Finance Collaborative, our church finance conference. As part of the event, Carl Tierney - CEO & Founder at Vision 2, presented a session on   online giving for churches . Vision 2 realized that giving experiences felt more like bill payment and less like an act of worship. There was no personalized thank yous - just a transaction like paying your utility bill. It inspired them to start Vision 2.   What Your Giving Experience Should Look Like Less transactional - more personal Comprehensive enough to deal with household correctly Managing multi-campus and virtual sites Able to provide pictures, content, ...
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Recently we hosted our 6th annual Faith-Based Finance Collaborative. As part of the event, Tony Choquehuanca, Sales Director Midwest Region at Altec, presented an engaging session on how to meet the demands of the   remote workforce .  In January 2020 Tony and his family visited New York City and in a matter of months following that visit, the world changed dramatically. New York City, as well as the rest of the United States closed down and sheltered in place.   COVID-19 caused companies to reevaluate how they did business and their processes in the new remote world.  The Future of the Remote Workplace According to a Gartner June 2020 survey, ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about checklist tips and tricks.      About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. Other perspectives, ...
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I had someone ask me recently how to handle church members who were no longer making donations to the church. This person asked if it was appropriate to contact the member and simply ask the question. I kind of cringed when they said this because this is one of those potentially awkward and volatile situations that need to be handled very thoughtfully, gently, and prayerfully. The right approach to addressing the issue could result in increased donations for the church. However, an insensitive approach could potentially backfire and cause hurt feelings – that may be difficult to mend. Depending on the   culture   and teaching of a particular church, ...
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Sage Intacct Tips & Tricks The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about 1099 tips and tricks.    About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. Other perspectives, ...
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Recently we hosted our 6th annual Faith-Based Finance Collaborative. As part of the event, Martus Solutions, presented a session on what to avoid and how to make managing your church budget easier. Does this sound like you? Every year you are asked to prepare a budget the the following year. Getting up to 45 ministry leaders to submit their budgets on-time is a trying and stressful process. However necessary for you to complete the overall budget.  Common Budgeting Challenges: Exhausting Excel errors with formulas, copying & pasting, bad data Questions via email that can be easily missed Not having the most up-to-date spreadsheets Excel is ...
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E ven with all of its numerous challenges, a silver lining could have emerged from 2020. As the doors of many organizations closed, nonprofits were forced to leverage the resources and tools they had available. With galas and runs canceled and direct mail paused, the sector braced for what was to come. If connecting with our colleagues became something that had to be done with greater intention, reaching out to constituents required a real concerted effort. As the dust settles from 2020, we are witnessing a remarkable shift. The digital “nice to have” days are out, and the days for a digital-first strategy are in. While many could have anticipated an online ...
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The AcctTwo team presented Sage Intacct tips and tricks at the 2021 Faith-Based Finance Collaborative on the following topics: Budgets, Smart Rules, Purchasing Approval Configurations, Scheduling Reports, KPIs, Dimension Balance Reports, Template Imports, Checklists, and 1099s. Check out the video below to learn about smart rules tips and tricks.    About the Faith-Based Finance Collaborative AcctTwo's Faith-Based Finance Collaborative is a time when faith-based finance professionals and leaders can come together.   It is so important to lean on trusted advisors and your collective network. Other perspectives, experiences, and expertise ...
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