Shelby Financials Archives - Page 3 of 7

Using the Ad Hoc Report

This financial news is brought to you via the Alfred Johnson blog. The steps below will provide all the information you need to get started using this new Shelby Financials reporting tool. However, you also might like to review 3 lessons that will help you get the hang of it. See Lesson links below. Start the Utility […]

Introducing the New Ad Hoc Report Tool (Coming Soon)

This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. The upcoming Spring release contains several new features, one of which is the Phase 1 Ad Hoc Report tool. Our hosted financial users have been requesting a replacement for v.5 ShelbyQUERY for some time. So, we have […]

Shelby Financials Best Practices Series – Introduction

This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. When I first started working for J. C. Penney, Mr. Bailey, the store manager, gave me this piece of advice, “Do everything in a way that no one will ever question your integrity.” And for the past […]

Using Summary Option in General Ledger’s View Posted Journals

This financial news is brought to you via the Alfred Johnson blog. We hope you find it useful. OVERVIEW: Financials’ View Posted Journals provides two different ways to view results. With the Summary field not checked the program shows all detail based on selections made in one or more of the 10 provided filters. Placing a […]

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 […]

SUGGESTED INTERNAL AUDIT OR FINANCIAL REVIEW PROCEDURES

The purpose of an audit is to determine if the organization is in compliance with generally accepted accounting principles (GAAP) and whether the financial statements are comparable to previous year’s financial statements. If your church does not have the budget for a full-fledged audit, there are still some things you can do. The following is […]

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: […]

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 […]

Tag: Shelby Financials