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    Multi-Currency Accounting for a Religious Organization

    Universal
    Double-Entry Accounting with foreign currencies
    Non-Profit

    Ideal template to manage the accounting of a church or a religious organization, even with foreign currency accounts. The list of donors and fundraising events are managed with a cost center.

    In Banana WebApp openen

    Open Banana Accounting Plus op uw browser zonder enige installatie. Pas het sjabloon aan, voer de transacties in en sla het bestand op uw computer op.

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    Modelvoorbeeld

    New Life church

    Accounting 2022

    Basic Currency: USD

    Double-entry with foreign currencies

    Table: Accounts
    Group Description Currency Sum In Gr1
        BALANCE SHEET      
               
        ASSETS      
      Cash USD Cash on hand USD USD Total Assets  
      Cash EUR Cash on hand EUR EUR Total Assets  
      Post USD Post office current account USD USD Total Assets  
      Paypal Account Paypal Account USD Total Assets  
      Prepaid Visa Card Prepaid Visa Card USD Total Assets  
      Bank USD Bank account USD USD Total Assets  
      Transitory assets Transitory assets USD Total Assets  
      Advanced payments Various advanced payments USD Total Assets  
      Deposit for Rent of Building Deposit for Rent of Building USD Total Assets  
      Deposit for Rent of Offices Deposit for Rent of Offices USD Total Assets  
      Internal transfers Internal transfers USD Total Assets  
      Amounts to be clarified Amounts to be clarified USD Total Assets  
      Furniture, Installations, Equipment, Vehicles Furniture, Installations, Equipment, Vehicles USD Total Assets  
      Computer and Software Computer and Software USD Total Assets  
    Total Assets   TOTAL ASSETS   00 1
               
               
        LIABILITIES      
      Suppliers or Creditor Suppliers or Creditors USD Total Liabilities  
      Due to employees and social security institutions Due to employees and social security institutions USD Total Liabilities  
      Transitory liabilities Transitory liabilities USD Total Liabilities  
      Equity or share capital Equity or share capital USD Total Liabilities  
      Profit (Loss) carried forward Profit (Loss) carried forward USD Total Liabilities  
    Profit/Loss for the period   Profit/Loss for the period   Total Liabilities 1
    Total Liabilities   TOTAL LIABILITIES   00 1
               
               
        PROFIT & LOSS STATEMENT      
               
        REVENUE      
      Income from offerings Income from offerings USD Total Revenue  
      Income from Christmas market Income from Christmas market for missions work USD Total Revenue  
      Income from books and cd's Income from books and cd's USD Total Revenue  
      Income from various activities Income from various activities USD Total Revenue  
      Bank Interests Bank Interests USD Total Revenue  
      Exchange rate gain/loss Exchange rate gain/loss USD Total Revenue  
      Extraordinary income/expenses Extraordinary income/expenses USD Total Revenue  
    Total Revenue   TOTAL REVENUE   02 1
               
               
        EXPENSES   Total Expenses  
               
        Personnel Charges      
      Salaries Salaries USD Total Personnel Charges  
      Social security charges Social security charges USD Total Personnel Charges  
      Retirement fund Retirement fund USD Total Personnel Charges  
      Insurances Insurances USD Total Personnel Charges  
      Various costs for personnel Various costs for personnel USD Total Personnel Charges  
    Total Personnel Charges   Total Personnel Charges   Total Expenses  
               
        General/operational Expenses      
      Rent Rent for building and offices USD General/operational Expenses  
      Utilities Utilities USD General/operational Expenses  
      Music and media Expenses for music & media department USD General/operational Expenses  
      Car and fuel Car expenses & fuel USD General/operational Expenses  
      Insurance expenses Insurances USD General/operational Expenses  
      Office- and computer supplies Office- and computer supplies USD General/operational Expenses  
      Postage and telephone Postage and telephone USD General/operational Expenses  
      Offerings to third parties Offerings and Donations to third parties USD General/operational Expenses  
      Accountant's charge Accountant's charge USD General/operational Expenses  
      Web hosting Web hosting and software licenses USD General/operational Expenses  
      Publicity Publicity USD General/operational Expenses  
      Representation expenses Representation expenses USD General/operational Expenses  
      Room and board guests Room and board for guests USD General/operational Expenses  
      Expenses activities Expenses for various activities USD General/operational Expenses  
      Material pastoral counseling Material for pastoral counseling USD General/operational Expenses  
      Children's- and Youth ministry Children's- and Youth ministry USD General/operational Expenses  
      Books and CD's Books and CD's USD General/operational Expenses  
      Various expenses and presents Various expenses and presents USD General/operational Expenses  
    General/operational Expenses   General/operational Expenses   Total Expenses  
               
        Total Financial Expenses      
      Financial costs Financial costs USD Total Financial Expenses  
      Depreciation Depreciation Furniture, Installations, Equipment, Vehicles USD Total Financial Expenses  
      Depreciation computer Depreciation Computer and Software USD Total Financial Expenses  
      Income Tax Income Tax USD Total Financial Expenses  
    Total Financial Expenses   Total Financial Expenses   Total Expenses  
    Total Expenses   TOTAL EXPENSES   02 1
               
    02   Profit/Loss for Profit & Loss Statement   Profit/Loss for the period 1
               
    00   Difference should be = 0 (blank cell)      
               
        SPRING FESTIVAL      
      .PUB Publicity USD SE  
      .GUE Guest speakers USD SE  
      .MME Music and Media USD SE  
      .LEG Legal Expenses (Permits, etc) USD SE  
      .REN Rent Facilities USD SE  
      .FVA Food and Various USD SE  
    SE   Total Spring Festival Expenses   S  
               
      .TIC Sales of Tickets USD ST  
      .DSF Donations Spring Festival USD ST  
    ST   Total Spring Festival Income   S  
               
    S   Total Spring Festival      
               
               
        DONORS      
      ;511 Donor 511 USD D  
      ;522 Donor 522 USD D  
      ;533 Donor 533 USD D  
        etc.      
    D   Total Donors      
               
    Table: Exchange rates
    Ref.Currency Currency Text
    USD EUR Euro
         

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