Ministry is hard. Ministry with debt is even harder and less joyful. In this post I try to make the case for the harm that debt is doing to your ministry.
Mistake #5 – Living with Debt
Mistake #6 – No Savings Plan
Should a church or nonprofit have an “emergency fund?” In this post and related video, I dive into my recommendations for savings to help protect your ministry when the eventual emergency arises.
6 Mistakes that Sabotage your Nonprofit’s Finances
Working in the church or nonprofit world is a huge challenge. You are taking on enormous problems. What if you are making it even more difficult by sabotaging the finances? That’s what I explore in this post.
Episode 16: What is Odoo accounting software?
This week I’m starting my review of Odoo accounting software. Odoo advertises themselves a Open Source and AI. This should be interesting!
Episode 15: AccountEdge for Nonprofits?
The next accounting system I wanted to try is AccountEdge. Unfortunately, the free trial was not working. Maybe next time?
Episode 14: Giving Patriot Accounting a Grade
This was my last week working with Patriot Software. This has been a pleasant surprise so I’m really hoping that the reporting and closing work well.
Episode 13: Using Patriot Accounting for the First Time
This was my first time processing transactions in Patriot. They have a very interesting approach that you may appreciate.