Hiring professionally-trained accountants and bookkeepers can prevent costly nonprofit accounting errors down the road.[Read more…] about Why Smart Hiring Practices Can Prevent Costly Nonprofit Accounting Errors
Nonprofit administrative expenses are a necessary investment in your infrastructure and operations and are essential for your organization to be more sustainable to be able to fulfill your mission.[Read more…] about Can Nonprofit Administrative Expenses Impact Funding?
One of the major differences between for profit and nonprofit accounting is the method used to categorize expenses known as direct cost allocations.[Read more…] about Why Nonprofits Need to Understand Direct Cost Allocations
The nonprofit sector is unlike any other business. It thrives on people donating their money without expecting a tangible product or service in return. What they do expect from a nonprofit is they handle the money responsibly and the money is used for its designated purpose.[Read more…] about How To Become A More Transparent Nonprofit
Nonprofits face many challenges when it comes to tracking and reporting to funding sources. This is the time to think about switching to nonprofit fund accounting software.[Read more…] about Tell Tale Signs It’s Time To Switch To Nonprofit Fund Accounting Software