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Financial Software for Churches and Nonprofits

News and Tips from Shelby Financials' Product Owner

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Correcting FFCRA Values in Shelby Financials

January 19, 2021January 19, 2021 Alfred JohnsonLeave a commentBreaking News

Dave Heston has created an excellent help document for correcting any oversights, or mistakes in recording employee compensation related to the Families First Coronavirus Response Act’s Paid Sick Leave. Click here to download Dave’s guide. Click here to view my Read More

Year-end 2020 Check List

October 29, 2020October 29, 2020 Alfred Johnson2 CommentsBest Practices, Financials Tips, Year-End

New for 2020 Year-end There is a new Form 1099 MISC with several changes. If you only have 1099 activity in 2020 for “non-employee compensation,” then you will need to use the new Form 1099 NEC. If you have more Read More

IRS Issues Guidance on Payroll Tax Deferral Starting September 1

September 1, 2020September 1, 2020 Alfred Johnson6 CommentsBest Practices, Breaking News

Payroll Tax Deferral What I know as of this post is that on August 8, 2020, the President directed the Secretary of the Treasury to use his authority to allow employers to stop withholding Social Security payroll taxes for the Read More

Tracking Families First Coronavirus Response Act’s Paid Salaries

August 24, 2020August 24, 2020 Alfred Johnson6 CommentsBreaking News, Church Finances and Procedures

New regulations now require COVID salary payments to be reported in box 14 on employee’s Form W-2 2020. If your organization has issued COVID salary payments, as defined by the Department of Labor, then you will need to report those Read More

Handling Advanced Payments in Accounts Receivable

July 29, 2020July 29, 2020 Alfred JohnsonLeave a commentBreaking News, Financials Tips

I know that things for daycare and school attendance are a bit uncertain as of this post. But, yes, it just might be a good time for you to start thinking about revising your Accounts Receivables’ procedures or adding AR Read More

Need Volunteers for Small Focus Group

July 23, 2020July 23, 2020 Alfred Johnson6 CommentsBreaking News

I am in the process of creating a new application with a small church in mind. If you are interested in seeing the prototype and offering your opinion as to its value, then please let me know by leaving a Read More

Time to Revise your Budget?

July 16, 2020July 16, 2020 Alfred JohnsonLeave a commentBreaking News

Shelby Financials budget tool provides a method to revise your budget and also keep a copy of your original budget. The Budgeted Financial Statement and the Financial Spreadsheet offer options to use original, or revised budget figures. Click HERE to Read More

PPP’s New Rules with Dave’s Revised Worksheet

June 7, 2020June 15, 2020 Alfred Johnson4 CommentsBreaking News, Church and Politics, Church Finances and Procedures, Nonprofit News

Friday, June 5, 2020, President Trump signed the Paycheck Protection Program Flexibility Act, which the U. S. Senate passed with a unanimous vote. There are two major changes. First, the period in which funds can be used has tripled from Read More

Next School Year Accept Online Payments

May 27, 2020May 27, 2020 Alfred JohnsonLeave a commentBreaking News

If you find yourself entering a lot of checks into Accounts Receivable, then checking your entries, then posting the batch, why not let your customers do all of that work for you? It is easy to start using ShelbyNext Giving Read More

Paycheck Protection Program Forgiveness Application

May 18, 2020May 18, 2020 Alfred JohnsonLeave a commentBreaking News

May 15, 2020, UpdateU.S. Treasury released the PPP Forgiveness Application form. Just click to download the PDF.

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Current Release: 10.4.2

Current release is 10.4.4

Release 10.4.5 is scheduled for 1/14/2021 and should address RM and GF email statements as well as ACA updates.

Will continue releasing changes on a frequent basis.

All 10.4 Release Notes

 

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Topics

  • Ad Hoc Reports (4)
  • Best Practices (16)
  • Breaking News (53)
  • Church and Politics (5)
  • Church Finances and Procedures (22)
  • Coming Features (2)
  • Financials Tips (24)
  • Nonprofit News (3)
  • Personal Notes (2)
  • Related News (1)
  • Release Updates (4)
  • Security (2)
  • Shelby Systems (2)
  • Year-End (6)
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