GAAP Compliance Step-by-Step for Parishes.pdf

In 2018, Parishes of the Archdiocese of St Paul and Minneapolis completed the necessary steps to come into compliance with FASB ASU 2016-14 Presentation of Financial Statements for Not-For-Profit Entities. This included parishes utilizing ParishSOFT Accounting. Parishes who have been converted to ParishSOFT Accounting since this initiative have been converted directly into GAAP Compliance. This document provided the step-by-step instructions for parishes to enable GAAP Compliance in ParishSOFT Accounting.