For church bookkeeping, it can feel like you have only two options:
Option #1: Use Quickbooks
Option #2: Try one of the dozens of church accounting software programs until you find one that sticks
For a small percentage of churches, Quickbooks Online may be a good option. But for churches under 1,000 members (almost 98% of all churches) QBO is over-complicated and over-priced.
Trying several church bookkeeping programs is time-consuming and expensive. So why not choose the church accounting software made by church leaders, for church leaders, and designed with your church's needs in mind?
Need some convincing? Here are the 5 things to look for in the best bookkeeping software for churches and how ChurchTrac shines in each one:
The first step is to find the highest rated church bookkeeping software. Reading reviews is like letting others do your research for you! Let their experiences (even the regretful ones) help you decide.
When looking for church accounting software, Capterra offers detailed comparisons that will help you make an informed decision.
Pro Tip: When looking for the best church accounting software for your church, don't read the reviews on the company's website. They only publish reviews that cast their product in the best light. Make sure to read reviews posted on an unbiased site. Google and Capterra are great places to start.
At ChurchTrac, we believe Church accounting software should be easy to use. So easy, that even non-treasurers can use it without any trouble.
You shouldn't need years of accounting experience just to set up the program, much less balance the books. With ChurchTrac Accounting, anyone can set it up and use it in under an hour, no matter their level of experience.
Finance software should not negatively impact your finances!
We see ministry bookkeeping companies charge hundreds a month to use their tools. That's bananas!
For church bookkeeping software, most churches need one thing: Fund accounting
As I mentioned at the beginning, the vast majority of churches are small and don't need an over-complicated double-entry accounting solution, like Quickbooks. Most just need a single-entry fund-based accounting system to categorize expenses, monitor bank accounts, and manage restricted funds.
Pair that with a church budget tool that allows you to quickly put together an annual budget for your church and you have an app that covers all of your accounting needs!
Also, accounting software for churches works best when it's integrated with your church management system. That's why ChurchTrac combines member management, event planning, donation tracking, and expense tracking, along with other must-have church management features.
In addition to being user-friendly, ChurchTrac church bookkeeping software goes above and beyond by allowing you to automate much of the work you do. That way the software takes some of the load off your shoulders! We're all about working smarter, not harder.
And once you set up bank sync, you know you've found the right church accounting software.
I've mentioned support twice. That's because quality support is crucial!
Even experienced accountants have questions from time to time. If you're not a professionally trained CPA, the software company needs to give you quick and clear assistance when you need it.
We believe reaching out to the support team should be free. It would be best if you got answers to your questions quickly, not days later. Also, free resources like online articles, a Facebook user group, and even a YouTube channel with many videos are a big plus.
Do churches need bookkeeping?
Absolutely! We have to be good stewards of the resources and gifts that God has given us.
Church book keeping software makes the work of managing your church funds much easier.
Can QuickBooks be used for churches?
Technically, yes. But it's way more complicated than the average church needs.
A better question to ask is: Should churches use Quickbooks? If your church has an accounts payable and an accounts receivable, QBO is probably the best option. But if your church doesn't (and most churches do not), then you should probably not use Quickbooks.
How much does church accounting software cost?
Ironically, many accounting programs are a financial burden. So what is a small church or church plant to do?
What type of accounting do churches use?
Since most churches support their programs and ministries with restricted funds, most churches only need fund-based accounting. It's also best for that fund-based bookkeeping program to use a single-entry system for entering income and expenses.
How do you record church finances?
You only need three things to record church finances:
Recording church finances is simple. Just record your income and expenses with the appropriate categories. If your categories are assigned to a specific restricted fund, it will be easy to monitor where money is coming from and where money is spent at your church.
It's time to reconcile (see what I did there?) your time spent balancing the books for your church with the fact that ChurchTrac has an AMAZING accounting feature built by church bookkeeping experts.
It's the most affordable, easy-to-use, powerful church bookkeeping tool you'll find anywhere. Check it out today!