Financial Software for Churches and Nonprofits
News and Tips from Shelby Financials' Product Owner
Overview: Relationships has been added to Shelby Financials in Release 9.0. This utility allows users to group family members together along with additional responsible people. It is most useful when creating invoices for daycare or school students, as customers, but Read More
The May release contains several new features, one of which is the Phase 1 Ad Hoc Report tool. Our hosted financial users have been requesting a replacement for v.5 ShelbyQUERY for some time. So, we have been trying to build such Read More
OVERVIEW: Financials’ View Posted Journals provides two different ways to view results. With the Summary field not checked the program shows all detail based on selections made in one or more of the 10 provided filters. Placing a check mark in Read More
Overview: Over the past 2 decades I have seen a number of churches encourage their employees to tithe by taking a payroll deduction from their paychecks. If you are currently using Shelby v.5 financials and have one or more employees Read More
Overview: Prior to Release 8.10 Admin users had the ability to choose one of the following password security strength settings: Medium: The password must be between 5 and 30 characters long and must contain at least one digit. Strong: The password Read More
OVERVIEW: The audit period should normally be used for the following situations: Entering opening balances when first starting to use the product, unless we convert your existing data into the system. Release from donor restrictions Reclassify a disbursement to a capitalized Read More
Starting January 1, 2017 employers with less than 50 employees can offer employees a reimbursement for medical insurance that provides minimum essential coverage (MEC). There are a number of requirements and regulations that should be considered before deciding to provide 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