Financial Software for Churches and Nonprofits
News and Tips from Shelby Financials' Product Owner
Federal Reports Make sure you have blank forms for all IRS needed filings. NELCO has what you need. Click Here to order forms Deadline for filings now is January 31, 2018 for most reports General Ledger Check all sub ledgers Read More
This is an automatic 30-day extension, therefore there is no need for filers to request the extension. The due dates to file ACA forms to IRS have not changed and are as follows: February 28, 2018 for paper filers April Read More
Employers, including nonprofit organizations, are required, beginning in calendar year 2017, to report the fair market value of provided health care benefits. This information is to be included on IRS Form W-2 in Box 12, using code DD, for every Read More
January 2, 2018 UPDATE Several states have released 2018 withholding updates effective today. We have updated the Financials Payroll withholding tables including those changes. We anticipate additional state action and will continue to update the withholding tables as needed. In Read More
We learned this morning that customers printing checks on blank check stock (MICR Checks) produced an error if the vendor / employee record does not have an address, The problem has been located and fixed, and included in the current Read More
Considering moving to ShelbyNext | Financials and/or Arena Select Hosted? The following points may help with your decision. 1. Hardware Costs – Based on figures from a current customer: the cost for new servers, software server licenses, installation, and implementation Read More
As long as your accounting package provides tools to align with FASB 117 and GAAP guidelines, then you might find the following tips helpful in using your current software. Do not readily accept someone’s view that the software cannot perform Read More
Introduction: Church members not only look for spiritual leadership from their pastoral staff, but also have expectations that donations made will be used wisely. Often, they expect leadership to provide financial reports produced from a reliable accounting package verifying their Read More
When I saw headlines in the Minneapolis-St. Paul Star Tribune News concerning a church treasurer that embezzled $240,000, I started remembering a number of such cases that I became aware of during my days on the road training users of Shelby’s Read More