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In-person Church Payroll Management
Although your church may be exempt from much of the taxation that a for-profit enterprise may be subject to, this does not mean that you can ignore taxes on a state or national level. There are many other deductions that need to be calculated and forms that need to be submitted that are all part of managing the church payroll.
If you want to make sure that you are getting help managing your church payroll, you may want to look at two main options. These are live book keepers and online websites that specialize in payroll management.
There are many online services that offer payroll management services. They will take the information that has been supplied by you and calculate deductions and ensure that all of the proper reports are being submitted to the proper agencies. When picking the payroll service that you will deal with you have the choice of one dedicated to ministries and other non-profit organizations or you can choose to go with a more generalized payroll service. Whichever choice you make, you need to make sure that they are familiar with all of the deductions and forms that you need to deal with.
You also want to make sure that the service you choose is familiar with the taxation laws and rates in the area where your ministry or church is located. This is because rates and percentages that need to be deducted can differ from country to country or even region to region. You can choose to hire a live bookkeeper or accountant to deal with your payroll. This is good because you can speak with them in person if you have any questions or concerns. However, there are two main drawbacks to working with a live bookkeeper.
The first is that you may end up paying them more than you would when dealing with an online payroll service. If they are working on a freelance basis, you will not need to deal with the deductions that you would need to pay a regular employee.
Another issue is that they may not be aware of the exact requirements that not-for-profit organizations may have. By taking the time to ensure that a bookkeeper has experience managing the finances of a church you can get around this issue.
Experience dealing with not-for-profit agencies is also important when it comes to selecting a bookkeeper. This is because there are many unique aspects to running charities, churches and other non-profit organizations. If you are able to find the right church payroll management techniques you can stop worrying about this necessary administrative task. You can go back to ministering to your flock with a clear mind and a heart to God.