Fix Your Church Financial Reports: Start with the Chart of Accounts скачать в хорошем качестве

Fix Your Church Financial Reports: Start with the Chart of Accounts

Church Chart of Accounts (COA) explained: how to structure accounts for better church financial reports, and how restricted funds differ in QuickBooks vs fund accounting (like PowerChurch Plus). Church financial reports should help your finance team make wise, informed decisions. But if your reports don’t show what you need, the problem often starts with one thing: your Chart of Accounts. In this video, Kathy talks about why the COA is the foundation of every church accounting system and how it’s organized. She also addresses key changes in the Chart of Accounts when using a standard accounting program (like QuickBooks) versus a fund accounting system (like PowerChurch Plus), especially when tracking restricted funds. In this video, you’ll learn: ✅ What a Chart of Accounts is (and why it impacts every report) ✅ How COA categories flow into your Balance Sheet and Income & Expense reports ✅ COA examples for Assets, Liabilities, Equity, Income, and Expenses ✅ The key difference between business accounting vs fund accounting ✅ How restricted funds may be tracked via liability accounts or equity accounts ✅ Why COA planning is not “one size fits all” for churches Perfect for: Church bookkeepers • finance teams • treasurers • administrators • pastors overseeing finances • anyone cleaning up church reporting 📄 A well-designed COA, used consistently, creates reports that accurately tell your church’s financial story and support your church’s leaders in making informed financial decisions. RESOURCES Printable PDF for this video: https://www.cpachurch.com/s/Understan... WATCH NEXT Chart of Accounts 101:    • Tutorial: What is a Chart of Accounts?   Fund Accounting Users: What is Fund Accounting?:    • Tutorial: What is Fund Accounting?   Tracking Restricted Funds:    • Tutorial: Tracking Designated/Restricted F...   PowerChurch Plus Users:    • Review Your Chart of Accounts Setup in Pow...   If money was not an issue, what could your church do to fulfill its mission? Help your church DREAM BIG!    • Churches - Let's Dream Big!   ______________________ Questions or need help? Contact Kathy! 217-877-6766 info@stewardshipresourcesllc.com website: https://www.cpachurch.com/ 🔔 Subscribe for more PowerChurch tutorials, church accounting training, and fund accounting tips from Kathy’s Korner. _______________________ ABOUT ME: Welcome to Kathy’s Korner! Hi, I’m Kathy Holt. I am a trainer and partner at Stewardship Resources, LLC. I specialize in church accounting and work with church leaders on church financial management and growth. I also train and support church bookkeepers in fund accounting and software setup. I am an authorized teaching consultant for PowerChurch Plus Church Accounting Software and a QuickBooks ProAdvisor. I hope this video helps you. Thanks for joining me! God bless and have a fantastic day! _______________________ This video contains information about churches and tax matters. This information is general in nature and does not consider your organization's specific circumstances. This information should not be treated as an alternative to taxation advice from an appropriately qualified professional. #ChurchAccounting #ChurchBookkeeping #FundAccounting #PowerChurchPlus #AccountingTips #QuickBooks CHAPTERS 00:00 Intro 00:13 Church financial reports & the Chart of Accounts 00:48 Overview of today’s video 01:05 What is the chart of accounts? Why is it important? 02:02 COA groups 02:27 Assets examples 02:49 Liabilities examples 03:16 Equity examples 05:11 Income examples 06:20 Expense examples 09:26 Resources 09:45 God Bless!