Blogs

Mark Your Calendars! April 21-22 is Our 7th Annual Faith-Based Finance Collaborative!

By Sam Paredes posted 12-09-2021
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Our next collaborative is set for April 21 st and 22 nd and is Baker Tilly’s (previously AcctTwo) 7 th Annual Faith-Based Finance Collaborative (FBFC)! We may have gotten a new name, but not a new mission. FBFC is a time when faith-based finance professionals and leaders can come together in person this year. It is so important to lean on trusted advisors and your collective network. The Collaborative is a time for networking, targeted training, from experienced users, that applies to you and your churches and ministries, and a time to hear from other perspectives and expertise who can help and support you. The event will be held in ...
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6 Tips for Managing Church Facilities

By Sam Paredes posted 08-13-2021
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Church facility management is very similar to managing any other type of building or campus. The only difference being churches often use volunteer labor to help get the job done. This approach provides volunteers with opportunities to give back to the ministry and allows the church to maintain its campus with a limited church budget. Churches can be very busy campuses with activities going on almost daily. Whether it is Sunday morning services, Wednesday night bible studies, or a Saturday afternoon wedding – there is always something going on. This constant use of facilities requires coordination, planning, and scheduling to ensure all responsibilities ...
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What Is A Church Compensation Strategy?

By Sam Paredes posted 07-08-2021
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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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How Would You Rate The Quality Of Your Church?

By Brenda Jacinto posted 06-21-2021
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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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AcctTwo’s Head of Nonprofit, Allison Webb Guests on Vanderbloemen Webinar

By Kate Johnson posted 06-18-2021
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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, Guests on MinistryPlatform’s User Group

By Christopher Grady posted 06-11-2021
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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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What's New in Sage Intacct's Release 2 2021

By Kate Johnson posted 06-02-2021
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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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Purchasing Approval Configurations Tips & Tricks with Stephen Strack from AcctTwo

By Sam Paredes posted 05-28-2021
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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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Purchasing Approval Configurations Tips & Tricks with Stephen Strack from AcctTwo

By Christopher Grady posted 05-21-2021
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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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A New Standard: Tracking Outputs and Nonprofit Outcomes

By Sam Paredes posted 05-19-2021
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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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CDC’s Guidance for Operating Youth and Summer Camps during COVID-19

By Brenda Jacinto posted 05-14-2021
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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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Dimension Balance Report Tips & Tricks with Laura Tinsley from AcctTwo

By Sam Paredes posted 05-13-2021
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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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Tax Day for individuals extended to May 17: Treasury, IRS extend filing and payment deadline

By Christopher Grady posted 05-11-2021
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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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Template Import Tips & Tricks with Holly Hamilton from AcctTwo

By Sam Paredes posted 05-07-2021
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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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Online Giving for Churches Makes Donating Feel Like Worship Again

By Brenda Jacinto posted 05-04-2021
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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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Meet the Demands of the Remote Workforce

By Sam Paredes posted 04-30-2021
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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, 82% ...
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Checklist Tips & Tricks with Holly Hamilton from AcctTwo

By Christopher Grady posted 04-29-2021
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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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6 Things To Consider When Members Stop Donating

By Brenda Jacinto posted 04-26-2021
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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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1099 Tips & Tricks with Shelly Einspahr from AcctTwo

By Sam Paredes posted 04-22-2021
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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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Simplifying Your Church Budget Challenges

By Christopher Grady posted 04-20-2021
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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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