TimelyChurch supports four kinds of entries from the Transactions page:
AccountingBank reconciliation is the process of matching the transactions in your TimelyChurch records to the transactions on your bank statement. This ensures that your books accurately reflect what the ban...
AccountingTimelyChurch's budgeting feature lets you create financial budgets, set planned amounts for each income and expense category, and track actual performance against your plan throughout the year. The...
AccountingPayees also called vendors are the people and organizations your church pays money to. This includes utility companies, suppliers, contractors, missionaries, denominational offices, and anyone else...
AccountingThe Bills feature in TimelyChurch helps you track money your church owes to vendors before it is paid. Instead of recording an expense the moment you receive an invoice, you can enter the bill firs...
AccountingMany church expenses happen on a regular schedule -- monthly utility bills, weekly janitorial services, quarterly insurance premiums, annual software subscriptions. Instead of manually entering the...
AccountingIn accounting, a journal entry is a record of a financial transaction. In TimelyChurch, most everyday entries you create -- through the Transactions page, the Check Register, a bill payment, a dona...
AccountingTimelyChurch provides several built-in financial reports that give you and your church leadership a clear picture of your financial health. All reports pull data directly from your accounting trans...
AccountingMost banks let you download a CSV file of transactions for any statement period. Instead of typing each line into TimelyChurch by hand, you can upload that file and let the system parse it, match i...
AccountingA tracking class shown as the Class field on a transaction is a tag you can attach to a transaction to slice your reports along a dimension that is not a category, account, or fund. The most common...
Accounting