Out Of This World Tips About How To Keep Church Financial Records

A small leak will sink a great ship.”.

How to keep church financial records. The treasurer is responsible for keeping a financial record of all funds identified with the church. So your records management program must include a records retention schedule. For individual congregations, search the library catalog.

Forming a committee and securing church records. One of the first steps for managing your church’s finances is to map out your current expenses. [edit | edit source] some church records have been deposited for preservation in government archives or in libraries.

As benjamin franklin wisely said, “beware of little expenses. Be sure the information is protected in the event of a fire, flood, or computer virus. Ministries that choose to keep paper records on hand after they’re imaged can keep these hard copy records for one or two years after imaging and then shred them.

This helps you keep track of. Personnel records generally should be kept at least. It’s often recommended to keep those kinds of records seven years after the financial year in which they were made.

Other records are essential to retain permanently (please consult the irs website for details). The list below indicates the years records are available for baptisms, marriages and deaths. Copies or originals of some of these records (articles of incorporation, bylaws, etc.) should be stored offsite of your church or nonprofit organization perhaps in a secure location such as a.

Some documents, because of their vital nature to the church, should be stored in a protective environment, such as a safe, a safe deposit box, or some other secure and protected. T he library has an extensive collection of church records from various denominations throughout minnesota. Future articles also will address retention rules for several other kinds of records including.