Stewardship

7 Financial Stewardship Tips Every Church Should Consider

To ensure excellent stewardship of church finances, you need strong internal controls and qualified staff to handle the accounting. If you’re not familiar with the term “internal controls,” don’t worry. This simply refers to processes designed to protect against potential fraud, theft and misuse of funds. These practices not only protect against illegal or unethical […]

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password security

Using Financials Password Security Settings

This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. NOTE: The new features listed below will be available on the upcoming Financials Release (8.10).   Overview:  Prior to Release 8.10 Admin users had the ability to choose one of the following password security strength settings: Medium: […]

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Audit Period

Using the Audit Period

This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful.   OVERVIEW:  The audit period should normally be used for the following situations: Entering opening balances when first starting to use the product, unless we convert your existing data into the system. Release from donor restrictions Reclassify a disbursement […]

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