Fund accounting

Finance

A double-entry ledger built in. Every gift, count and expense posts automatically, and nothing posts unless debits equal credits.

Income, year to date

$1,473,700

Expenses, year to date

$1,233,800

Surplus

$239,900

Chart of accounts

Budget against actual for income and expense accounts

Account	Balance	Budget	Used
Assets
1000Operating bank account	$384,125.50
1010Building fund account	$1,217,000
1200Stripe clearing	$18,423
Liabilities
2000Accounts payable	$42,100
Net assets
3000Unrestricted net assets	$300,150
Income
4000Tithes and offerings	$1,284,500	$1,400,000	92%
4100Designated: missions	$189,200	$200,000	95%
Expenses
5000Staff salaries	$742,000	$820,000	90%
5100Facilities and utilities	$198,400	$210,000	94%
5200Missions support	$155,000	$180,000	86%
5300Ministry programs	$96,100	$125,000	77%
5400Media and technology	$42,300	$50,000	85%

Offering counts

Two counters. Totals must match to post.

Sunday 9:00 offering
posted
Oct 18, 64 items. Grace Martins: $4,823.50, Isaac Clarke: $4,823.50
Sunday 11:00 offering
verified
Oct 18, 81 items. Naomi Patel: $6,118, Caleb Reyes: $6,118
Midweek envelopes
Totals differ
Oct 22, 14 items. Grace Martins: $925, Hannah Silva: $915

Bank reconciliation

3 lines to match from the latest feed

Oct 24STRIPE PAYOUT ST-8842Matched: Online giving, Oct 20 to 22$12,842.20
Oct 23DEPOSIT BRANCH 0412Matched: Batch: Sunday 9:00 offering$4,823.50
Oct 23TORONTO HYDRONot matched yet-$3,187.44
Oct 22DEPOSIT BRANCH 0412Not matched yet$6,118
Oct 21PAYROLL CERIDIANMatched: Payroll, period 21-$28,400
Oct 20INTERAC E-TRANSFER M FERNANDESNot matched yet$250

Year end

Tax receipts for 2026

Combines every donor's cash, cheque, app and text gifts into one official receipt. 412 donors, 9 without an email address will be queued for printing. Reprints and corrections keep their original receipt number on file.