Resources and Articles
Plain-language articles on bookkeeping, church accounting, payroll, and small business finances. Written by the team at Iron Sharp Solutions in Kannapolis, NC.
The pastoral housing allowance is one of the most valuable tax benefits available to ministers in the United States. It is also one of the most commonly mishandled items in church bookkeeping. This guide explains it plainly so your church can handle it correctly.
Most small business owners use the terms interchangeably. They are not the same thing, and confusing the two costs you money every year. This guide explains the difference in plain language and tells you exactly why most businesses need both.
Every few months a new tool promises to eliminate the need for a bookkeeper. AI is the latest. Here is an honest assessment of what AI tools actually do well, where they fall short, and why a good bookkeeper is still irreplaceable for most businesses.
Most small business owners with messy books do not know it. The signs build quietly. This article walks through seven specific warning signs your bookkeeping needs attention and what to do when you find them.
Most church boards receive financial reports every month. Most board members do not fully understand what they are looking at. This guide explains what reports matter, what to look for in each one, and which questions every board member should feel comfortable asking.
Most nonprofits set up QuickBooks the same way a small business would. That is the first mistake. This guide covers fund accounting, class tracking, donor records, restricted funds, and Form 990 prep so your books are built correctly from the start.
A step-by-step guide to setting up QuickBooks Online for a 501(c)(3) organization.
Most church boards receive financial reports they do not fully understand. Here is what to look for and what questions to ask.