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Functional Accounting

Jan 15 2019

Nonprofit Support Services: Impact On Bottom Line

Nonprofit Support Services expenses include administrative and fundraising costs. These cost categories are essential for the operation of your nonprofit, and for the management and fulfillment of your mission based programs.

[Read more…] about Nonprofit Support Services: Impact On Bottom Line

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Cost Allocations, Functional Accounting, Fund Accounting, Nonprofit Fund Accounting Software

Aug 21 2018

Nonprofit Funds and Programs: How to Categorize in Accounting

A true nonprofit accounting system tracks revenue from funds and expenses from programs or functional areas. Funds and programs are the core of nonprofit accounting.

[Read more…] about Nonprofit Funds and Programs: How to Categorize in Accounting

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Cost Allocations, Direct Cost Allocations, Functional Accounting, Fund Accounting, Fundraising, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Audit, Nonprofit Fund Accounting Software

Apr 25 2018

Nonprofit Accountability: How Charity Watchdogs Impact Donations

How do charity watchdogs influence donations? Without proper controls and accountability, your nonprofit may be forced to shut down.

[Read more…] about Nonprofit Accountability: How Charity Watchdogs Impact Donations

Written by Joseph Scarano · Categorized: Fundraising Stewardship · Tagged: Functional Accounting, Fund Accounting, Fundraising, Nonprofit Accountability, Nonprofit Audit, Nonprofit Fund Accounting Software, Nonprofit Mission, Nonprofit Stewardship, Nonprofit Transparency

Dec 14 2017

Requirements for Year-End Nonprofit W-2 Preparation

Nonprofit W-2 preparation is basically the same as for-profit businesses, but with some additional considerations based on the type of nonprofit.

[Read more…] about Requirements for Year-End Nonprofit W-2 Preparation

Written by Joseph Scarano · Categorized: Nonprofit Payroll Software · Tagged: Accounting Software for Nonprofits, Functional Accounting, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Payroll, Nonprofit Payroll Salary Allocations

May 09 2017

Indirect Cost Allocations: Key To Proper Fiscal Management

Developing a fair and equitable indirect cost allocations process is key to proper nonprofit financial management and reporting.

[Read more…] about Indirect Cost Allocations: Key To Proper Fiscal Management

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Cost Allocations, Direct Cost Allocations, Functional Accounting, Fund Accounting, Indirect Cost Allocations, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Fund Accounting Software, Nonprofit Stewardship

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