Accounting
Most 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...
A tracking class the Tracking 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...
A split transaction is a single transaction whose amount is divided across two or more categories. Instead of one line that says "Office Depot, $250, Office Supplies," you might split that same $25...
Close Fiscal Year finalizes a calendar year's books by locking every transaction dated in that year. Once a year is closed:
When a donor gives online through Stripe, the gross amount they donated and the amount that lands in your bank account are not the same number. Stripe deducts a processing fee before depositing the...
TimelyChurch's accounting can be viewed in one of two modes:
When a vendor refunds a purchase you already recorded -- Amazon sends money back for a returned item, a supplier credits an overcharge, a conference refunds a cancelled registration -- you can reco...
The Audit Log shows every change to your church's finance records -- who made it, what they did, when, and exactly which values changed. Use it to answer questions like "who edited this transaction...
When you move your church's books to TimelyChurch, your bank accounts already have money in them and your loans or credit cards already have balances. The Opening Balances page called Starting Bala...