Church Accounting - Shelby Systems (2024)

  • Products
    • Church ManagementManage your whole church from one system.
    • Church AccountingAccounting software designed for churches.
    • Online GivingCollect payments with a huge number of options.
    • Church Mobile AppConnect your members with the info they need.
    • Church WebsitesCustom sites or easy to use theme builders.
    • Total MinistrySee Real Savings with the Total Ministry Package.
    • HeadQuartersA premium financial solution.
    • Background ChecksThe leader in faith-based background checks.
    • Worship PlanningPlan your worship flows all in one place.
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      • FAQSee our frequently asked questions.
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      • About Shelby SystemsSee where we came from, and where we’re going!
      • Shelby ServicesThe #1 accounting software for churches, ministries and non-profits!
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Being responsible financial stewards is a vital part of a ministry's call to serve His Church well. ShelbyNext Financials is a state-of-the-art, cloud-based software specifically designed to meet the needs of churches, ministries, non-profits and denominational headquarters.

All the features you've come to expect from accounting software, plus the features you need as a church

Would you like to learn more about church accounting software? Click here for the ultimate guide.

Payroll

Take the recurring hassle out of payroll for your church.

The Payroll application manages all aspects of your payroll. It provides gross wage computation, calculates all necessary taxes, withholds voluntary deductions, prints a payroll check for the employee, and provides necessary totals for monthly, quarterly and annual government and management reporting, including e-File reporting.

Settings to designate clergy and lay staff is as simple as a single check mark on a person’s record. The program prints Form 941 and Form W-2 to ease reporting requirements. Federal, state and local tax settings are fully supported and kept current.

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Accounts Payable & Receivable

Our rock-solid financials meet and follow non-profit Net Asset accounting standards.

The Accounts Payable application provides the ability to pay bills, manage credits from and payments to vendors, and attach invoices and other documentation. Users operate on a cash, accrual, or modified accrual basis. Module interfaces with Bank Reconciliation, Purchase Order, and General Ledger.

Accounts Receivable accurately tracks payments you receive for varied sources such as church daycare and school tuitions. It also tracks billing activity for church headquarters collection of insurance, pension, and apportionments.

Purchasing Management

Designed to the specific needs of churches.

Purchasing Management brings your ministry’s acquisition process to the web. From entering purchase orders to identifying your unique approval process, Shelby provides all the tools needed to ensure your purchasing workflow runs smoothly.

The Purchase Order module allows supervisors to establish and enforce an “approval process” starting with a requisition and ending with an approved purchase order. The Desktop Dashboard alerts users when a requisition is awaiting approval, and an automated e-mail notification system notifies managers when they need to approve requisitions. The module can automatically e-mail a purchase order to the vendor upon approval, if desired.

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Financial Reporting

Everything you would expect from GAAP compliant accounting software but better.

The system provides general ledger monthly standard reports along with an easy to use custom presentations report builder. The major GL reports also provide drill-down functionality back to a single application entry.

Each application has its own set of reports allowing auditors to reconcile each sub-ledger to the GL while giving users the ability to view all historical sub-ledger transactions. All reports are downloadable in several formats.

The Industry Standard in Church Accounting for Over 40 Years...

After 40 years of serving churches with software and solutions that change the way you do ministry, we're just getting started. We're a name you can trust to provide you the latest in cutting-edge technology solutions to engage and empower your congregation.

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Guiding fiscal responsibility through you.

Fulfills your financial requirements for governing boards, financial committees, internal staff, and outside agencies.

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Bank Account Management

A simple way to balance your checking accounts and support popular file download formats available from most banks. Bank Account Management keeps a historical record of all reconciled bank statements. The application also allows users to record deposits, even while balancing a statement.

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General Ledger

The General Ledger not only contains details of all posted journal entries, but also provides a full set of standard reports, tools for creating custom reports, and easy access to view posted journals with drill down capability. Manually entered journal entries also update account management applications for true account reconciliation. Budgeting tools are also located in this application.

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Fixed Assets

The Fixed Assets application allows users to catalog fixed assets, conduct periodic inventory of tags and create depreciation entries which update the General Ledger. Along with multiple canned reports, the application also includes a completely new Selections and Listings report builder which supports multiple reports and/or statements, making designing your own report very easy.

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Expense Amortization

Shelby’s bookkeeping tools can amortize prepaid expenses over a period of time, rather than having the expenses update your general ledger as a lump sum at the time of payment. Using this program allows you to more accurately indicate when expenses are actually incurred.

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GAAP Compliant

Fulfills your financial requirements for governing boards, financial committees, internal staff, and outside agencies. Your auditors will find it easy to complete their tasks because it is GAAP compliant.

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Easy to Migrate

You’ll have access to step-by-step Data Migration Tutorials, In-App Help and Tutorials, 40+ Essential Learning Videos, and email, phone, and chat support.

Ready to see how the power of ShelbyNext Financials can help your organization?

Let's Talk

Create the right suite of tools with these additional solutions that work seamlessly with our Church Accounting Software

Church Management
Church Websites
Online Giving
Church Hardware
Church App
Background Checks
Shelby HQ
Total Ministry
Worship Planning

The article you've shared delves into church management software by Shelby Systems, tailored specifically for the unique needs of religious institutions. This comprehensive system encompasses several core components, each dedicated to optimizing and streamlining various aspects of church administration:

  1. Church Management: This involves managing the entire church operation within a single system, which likely includes member databases, event scheduling, and communication tools.

  2. Church Accounting: The software is designed to meet the accounting needs of churches, ministries, and nonprofits, ensuring compliance with accounting standards specific to these organizations.

  3. Online Giving: Providing a versatile platform for collecting donations and payments through various channels to facilitate financial transactions.

  4. Church Mobile App: Connecting members by providing necessary information and resources through a dedicated mobile application.

  5. Church Websites: Offering either custom-designed websites or user-friendly theme builders tailored for churches.

  6. Total Ministry: This package seems to be a comprehensive solution that potentially integrates multiple aspects of church management, possibly offering cost-saving benefits.

  7. HeadQuarters: A premium financial solution aimed at streamlining financial operations within the church or religious organization.

  8. Background Checks: Offering faith-based background checks, ensuring a secure environment within the religious community.

  9. Worship Planning: Providing a centralized platform for planning and organizing worship activities.

  10. FAQ, Blog, Testimonials, Webinars, Training: Supporting resources and services aimed at educating and assisting users in effectively utilizing the software.

The ShelbyNext Financials software seems to encompass various modules and functionalities:

  • Payroll Management: Simplifying payroll processes, including tax calculations, deductions, and reporting, with specific settings for clergy and lay staff.

  • Accounts Payable & Receivable: Managing bills, vendor payments, invoicing, and tracking payments received, tailored to the requirements of nonprofits.

  • Purchasing Management: Streamlining the acquisition process, allowing for web-based purchase order creation and approval workflows.

  • Financial Reporting: Offering standard and customizable reports compliant with accounting standards, providing drill-down capabilities and historical transaction views.

  • Bank Account Management: Facilitating the reconciliation of bank statements and supporting popular file download formats.

  • General Ledger: Maintaining detailed journal entries, generating standard and custom reports, and enabling account reconciliation.

  • Fixed Assets & Expense Amortization: Managing fixed assets, conducting inventory, and handling expense amortization over time for more accurate financial reporting.

  • GAAP Compliance & Migration Support: Ensuring compliance with Generally Accepted Accounting Principles (GAAP) and providing resources for easy data migration and system adoption.

This comprehensive suite of tools covers various financial and administrative aspects crucial for managing a religious institution effectively. The emphasis on compliance, ease of use, and tailored functionalities reflects a deep understanding of the unique needs of churches, ministries, and nonprofits.

Church Accounting - Shelby Systems (2024)

FAQs

What method of accounting do churches use? ›

Churches and other nonprofits use fund accounting because it emphasizes accountability and transparency, which are more important than the profitability that for-profit businesses track.

How much does Shelby Systems cost? ›

Shelby Systems FAQs

The pricing for Shelby Systems starts at $39.00 per month. Shelby Systems has 2 different plans: Shelby Online Giving (Medium) at $39.00 per month. Shelby Online Giving (Large) at $59.00 per month.

What is the chart of accounts for a church? ›

A church's chart of accounts is a list of all of its financial transactions divided into five buckets or categories. Find out more. 🔑 What sections does a church chart of accounts have? A church's chart of accounts should have five buckets: assets, liabilities, equity, income, and expenses.

Do churches use GAAP accounting? ›

Understand and follow GAAP principles and IRS requirements

Financial statements ensure you're using donations correctly and limit the chance of auditing. Transparent financial reports also help build trust with your donors and the community. The IRS has strict accounting requirements for nonprofits and churches.

Do churches use cash or accrual accounting? ›

Do churches use cash or accrual accounting? Many churches use cash accounting since income and expenses are recorded when received and paid.

Who controls church finances? ›

Churches often elect or assign members to serve on a finance team responsible for the management and stewardship of church financial resources. Ultimately, they work together to help sustain ministry and steward the church's resources well.

Is Shelby software legitimate? ›

Shelby systems reviews are mixed. Some users appreciate the reliable program that has been around longer than most others, while other reviewers say it's outdated and slow. One thing users do agree on is that Shelby Systems support is responsive, friendly, and helpful.

What is Shelby app? ›

Shelby System is a cloud-based church management solution for ministries and nonprofit organizations.

How much does Shelby next cost? ›

Pricing for ShelbyNext Membership starts at $179.00/month.

How do you keep track of church finances? ›

While each church's books are unique to its resources, any church can get started with bookkeeping using the following steps.
  1. Establish a bookkeeping system. Determine the logistics of how your church will handle bookkeeping. ...
  2. Record all transactions. ...
  3. Reconcile your books. ...
  4. Produce financial statements.
Jan 8, 2024

What financial records should a church keep? ›

Certain church records need to be kept permanently, including corporate records and meeting minutes. You need to hold onto audit reports and annual financial statements. This includes submitted tax returns and annual corporate filings or returns. You also need to keep property records and tax exemption documents.

How do you record church expenses? ›

Chart of Accounts: Create a well-structured chart of accounts that categorizes income and expenses in a way that makes sense for the church. Common categories include tithes, offerings, utilities, salaries, outreach, and capital expenses. This structure ensures consistency in recording transactions.

How to do bookkeeping for churches? ›

Bookkeeping For Churches: Things You Need to Know
  1. Initialization of The Church Bookkeeping. ...
  2. Perform The Bank Reconciliation. ...
  3. Keep Track of Revenue And Expenses. ...
  4. Perform Monthly Summaries. ...
  5. Report to The Decision-Makers. ...
  6. Contact A CPA. ...
  7. Head to Smarter Bookkeeping Methods.

Can churches use cash basis accounting? ›

However, many churches use a cash basis—recording income and expenses when they are received and paid—or a combination of both approaches.

Should church finances be audited? ›

Your bylaws may require audited financial statements annually, which would indicate an audit by a public accounting firm. However, if your bylaws only require a review of your finances on a regular basis, this could indicate a review by qualified businessmen and -women in the organization would suffice.

What is the basis of accounting for churches? ›

Church accounting is the practice of financial records keeping and management specifically for religious organizations. Most churches belong to section 501(c)(3), which means they don't have to pay federal revenue tax and can operate under nonprofit bookkeeping guidelines.

What accounting method do most nonprofits use? ›

Due to their more complicated requirements, medium-sized and large nonprofits typically choose accrual basis accounting. In fact, U.S. Generally Accepted Accounting Principles (GAAP) dictate the use of accrual accounting, and some states have their own regulations for how nonprofits must report income.

What is the cash basis accounting for churches? ›

Donations are recorded each week as they are received. The result is a Statement of Financial Activity that depicts the flow of income and expenses on a cash basis. Some churches call this the “Budget Report” and businesses refer to this as the Profit & Loss Statement.

What kind of accounting do nonprofits use? ›

That's why nonprofits employ a type of accounting known as fund accounting. Fund accounting enables nonprofits to allocate their money into different groups or “funds” in order to keep them organized and only spend funds on what they're designated for.

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