And, if everything goes to plan, you can use your additional revenue to create an emergency fund or save for long-term church growth. Work with the church accounting specialists at Jitasa to refine your financial management practices. Our nonprofit accounting…

Remit all payroll taxes to the relevant federal, state and local agencies by their due dates to avoid penalties. Issue W-2s to employees by January 31 reporting annual wages and withholdings. Review timekeeping records or timesheets to determine hours worked…

Sage makes no representations or warranties of any kind, express or implied, about the completeness or accuracy of this article and related content. Wilson says the chief benefit of using an accountant is in saving him time. But they also…

Gross profit is the income after production costs have been subtracted from revenue and helps investors determine how much profit a company inventory in transit earns from the production and sale of its products. By comparison, net profit, or net…

Gross profit is the income after production costs have been subtracted from revenue and helps investors determine how much profit a company inventory in transit earns from the production and sale of its products. By comparison, net profit, or net…