Charities can claim a 50% rebate on eligible purchases and expenses, whether or not they are registered for GST. If you have not filed for the GST rebate in the last 12 months you should do so as soon as possible. Charities can make claims for purchases up to four years prior. Information on filing the return, including forms and instructions is available at http://www.cra-arc.gc.ca/tx/bsnss/tpcs/gst-tps/bspsbch. In addition please see GST Rebate under the Bookkeeping Records, Chart of Accounts section for more information.
Treasurers Guide
- TREASURERS GUIDE INTRO
- OUR COVENANT TOGETHER…
- THE ROLE OF THE TREASURER
- THE FINANCE COMMITTEE
- IMPORTANT FINANCIAL POLICIES
- Annual Declaration of Eligibility
- Benevolence Policy
- Child Abuse Prevention Policy
- Confidentiality Policy
- Conflict of Interest
- Donor Bill of Rights
- Donor Restricted/Designated Gift Policy
- Facility Rental Insurance Policy
- Facility Use/Rental Policy
- Honorariums Policy
- Privacy Policy
- Short Term Missions Policy
- CHURCH FINANCES
- Audits
- Bank Accounts & Documents
- Bank Reconciliation
- Bookkeeping, Records, Chart of Accounts
- Books & Records (CRA)
- Can books and records be kept in electronic format?
- CRA – Questions and answers
- How long must a charity hold on to its books and records?
- What are the consequences of improper record keeping?
- What are the responsibilities for properly maintaining books and records?
- Where should books and records be kept?
- Budget Processes
- Cash Flow
- Charitable Receipts
- Church Debt
- Designated (Donor Restricted) Funds
- Fundraising
- Gifts in Kind
- Giving Metrics
- Grant Connect
- Investment of Surplus Funds
- Mileage
- Ministry Spending
- Monthly Reports
- Offering Procedures – tellers, deposits, recording of envelopes
- Record Retention
- Reimbursements
- Telpay Online
- DIGITAL GIVING
- PLANNED GIVING
- SALARY AND BENEFITS
- ANNUAL REPORTS
- CENTRAL PAYROLL
- CHURCH PROPERTY
- SPONSORING A CHURCH PLANT
- GOVERNMENT COMPLIANCE