Cash Management Services

Tracking and managing the expenses of a religious community is a tedious and time-consuming part of a treasurer’s job. Collecting and compiling the necessary expense information to produce accurate financial reports reflecting the spending activities of members requires significant effort on the part of not only the treasurer, but each community member. When individuals are responsible for keeping track of their own expenses and maintaining individual bank accounts, the accuracy and timeliness of financial reports can suffer, especially for congregations that have undergone a merger or reconfiguration. Today, treasurers need proactive cash management strategies and accurate, up-to-date  financial information to meet the growing demands on their resources and ensure responsible stewardship of their community’s assets.

IAS Central Checking System

The Institutional Automated Systems (IAS) Central Checking System provides an efficient and economical method for congregations to monitor and manage their cash balances. IAS works with your bank, finance office, and your congregation’s local houses to provide accurate and uniform month-end and year-end financial reports.

IAS collects and compiles members’ purchases and cash transactions in an efficient process that eliminates the need for individuals and houses to track and report spending activities. You have complete control over how you configure your system and set up your accounts. You can have as many or as few members and houses on the system as you like, and you can set up all houses to operate out of separate bank accounts or one central checking account to minimize bank fees and earn maximum interest. Zielinski Companies’ experienced financial consultants will help you select the bank(s) of your choice, work with the banks to set up appropriate accounts, and provide customized training to your members at their locations.

Comprehensive, Flexible Reporting

With IAS, your congregational treasurer will have instant access to a variety of critical summary reports as well as detailed reports that show the incomes, budgets, and expenses of your members. Reports can be obtained on a scheduled basis or on-demand and are available either in a hardcopy format delivered through the mail or over a secure, password-protected Internet connection. IAS reports include:

• Account Summary
• Balance Sheet / Income Statement
• Check / Deposit Register