Financial Software for Churches and Nonprofits
News and Tips from Shelby Financials' Product Owner
New General Ledger report for Release 9.2.Here is a quick snapshot of one report view. I plan to post a set of instructions for setting up and using this new report in a future post. Questions? Leave a comment.
The Financials Release 9.2, which is scheduled for the last week of November, will contain over 20 year-end tax updates. At the state level, Oregon added a new Transit tax starting July 1 and now the state legislature has decided it should 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
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
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