Araize

Total Software Solution for Nonprofits

Nonprofit Fund Accounting Software

Nonprofit Payroll: In-Depth Guide for Managing and Reporting

Are you running a nonprofit organization and struggling with managing your payroll properly? Do you find it tedious to handle payroll taxes and withholdings for your employees? Nonprofit payroll management can be quite challenging for nonprofits, especially with unique tax obligations and compliance requirements. However, with the right knowledge and guidance, nonprofits can significantly streamline their payroll processes and ensure compliance with legal regulations.

In this blog post, we will discuss some of the best practices for managing and reporting when it comes to nonprofit payroll. We will explore different resources and tools that can help nonprofits manage their payroll efficiently, save time, and reduce the margin of error.

[Read more…] about Nonprofit Payroll: In-Depth Guide for Managing and Reporting

Does Quickbooks for Nonprofits Support Fund Accounting?

Are you a not-for-profit organization using Quickbooks for your accounting needs? While the software may seem convenient, it’s important to note that Quickbooks for Nonprofits does not necessarily follow nonprofit fund accounting guidelines. This can pose significant compliance risks for nonprofits that must adhere to strict accounting standards.

In this blog post, we’ll take a closer look at why using the wrong accounting software can be problematic for nonprofits and provide some tips on selecting the right nonprofit fund accounting software for your organization.

[Read more…] about Does Quickbooks for Nonprofits Support Fund Accounting?

Nonprofit Audit: Best Practices for Preparation and Compliance

A nonprofit audit is an independent examination of a nonprofit organization’s financial statements and records to ensure compliance. An audit can also provide insight into the organization’s financial health and help identify areas of improvement.

[Read more…] about Nonprofit Audit: Best Practices for Preparation and Compliance

What Is Fund Accounting for Nonprofits: Basics and Best Practices

Fund accounting for nonprofits tracks nonprofit revenue and expenses, demonstrating accountability rather than profits to funding sources. Let’s take a deep dive into the basics of fund accounting and why nonprofits need to understand it.

[Read more…] about What Is Fund Accounting for Nonprofits: Basics and Best Practices

[Podcast] Ultimate Guide to Selecting the Perfect Accounting Software for Nonprofits

Choosing the right accounting software for nonprofits is important for the success of your organization. Some factors to consider include budget, accounting needs, user-friendliness, and integrations with other tools. When selecting nonprofit accounting software, compliance should be a top priority. Be sure the software you choose meets nonprofit requirements such as financial reporting standards, grant tracking, and donor management.

[Read more…] about [Podcast] Ultimate Guide to Selecting the Perfect Accounting Software for Nonprofits