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Nonprofit Accounting

Sep 09 2022

Nonprofit Accounting: Best Practices for Preparing Financial Statements

Nonprofit accounting is the process of recording, managing, and preparing compliant financial statements for 501(c)(3) organizations. This includes everything from tracking income and expenses to tax returns to generating financial reports necessary for maintaining tax exempt status.

[Read more…] about Nonprofit Accounting: Best Practices for Preparing Financial Statements

Written by Joseph Scarano · Categorized: Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Fund Accounting, IRS Form 990, Nonprofit Accountability, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Financial Statements, Nonprofit Fund Accounting Software

Apr 19 2022

Financial Leadership For Nonprofits: How To Build A Solid Foundation

How can financial leadership for nonprofits improve their financial management skills and build a solid foundation? Improving their skills in the areas of budgeting, forecasting, cash management, and finance lays the foundation for fulfilling a nonprofit’s mission.

[Read more…] about Financial Leadership For Nonprofits: How To Build A Solid Foundation

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Nonprofit Accountability, Nonprofit Accounting, Nonprofit Accounting Software

Jan 04 2022

[Podcast] How to Increase Funding Using Nonprofit Accounting Software

Nonprofit funding relies on donors to help fund activities that aid the communities they serve. Having an accounting system that integrates donor management applications can help nonprofits streamline their activities and increase funding through transparency and accountability.

[Read more…] about [Podcast] How to Increase Funding Using Nonprofit Accounting Software

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Nonprofit Accounting, Nonprofit Accounting Software

Nov 29 2021

Fiscal Sponsorship: Complete Guide to Nonprofit Financial Support

A fiscal sponsorship agreement program provides nonprofits with financial support and guidance from a tax-exempt nonprofit. Let’s take a deep dive into how to do it right and find the best fit.

[Read more…] about Fiscal Sponsorship: Complete Guide to Nonprofit Financial Support

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, fiscal sponsorship, fiscal sponsorship agreement, Nonprofit Accounting, Nonprofit Accounting Software, nonprofit fiscal sponsorship, Nonprofit Fund Accounting Software

Oct 25 2021

Chart of Accounts for Nonprofits: Guide to Proper Setup

The proper setup up of the chart of accounts for nonprofits is the critical first step in getting started with your nonprofit fund accounting system. Learn how to segregate funds the easy way for tracking revenue and expenses.

[Read more…] about Chart of Accounts for Nonprofits: Guide to Proper Setup

Written by Joseph Scarano · Categorized: Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Fund Accounting, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Chart of Accounts, Nonprofit Fund Accounting Software

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