accounting and reporting
Do Nonprofit Organizations Have Profit and Loss Statements?
Nonprofit organizations, by definition, operate with the principle of focusing on accountability, not profitability. Nonprofit organizations do not actually generate…
6 Best Practices for Accounts Receivable Collections
An organization’s accounts receivable (AR) balance is made up of the money that is owed to the business but not…
Is Outdated Technology Costing Your Nonprofit Association?
Membership and association nonprofit organizations are created to serve a purpose beyond a profit. They exist to help their members…
4 Best Practices for Overcoming Multi-Entity Accounting Challenges
As a nonprofit organization, you likely have multiple legal entities that operate independently but are related in some way. This…
Working With Your Data: Why You Should Hire an Accounting Firm Now
Membership and association organizations operate a little differently than other nonprofit organizations, but their need for efficiency is the same.…
Elevate Your Organization’s Impact with Real-Time Financial Reporting
Nonprofit organizations operate with the intention of fulfilling a mission and remaining accountable to their members, communities, and donors. The…
Why Sage Intacct Is Built for Nonprofits
Nonprofits operate in a manner that allows them to focus on accountability, not profitability. Much of the income of a…
9 Steps to Manage the Next Nonprofit Crisis
If we have learned anything from the pandemic, it is that there is no way to know what is coming…
It’s Time to Retire Your Spreadsheets and Start Automating Your Accounting System
Spreadsheets help the accounting world go round. Accountants that manage nonprofit organization finances and corporate accountants will all declare a…
The Most Common Mistakes Nonprofit Organizations Make When Filling Out Form 990 (And How to Avoid Them)
Most organizations that have been approved for nonprofit status from their state are also able to obtain tax-exempt status from…
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RECENT POSTS
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A Step-by-Step Guide to the Nonprofit Organization’s Accounts Receivable Process
Understanding The Nonprofit Annual Report (The Basics + Downloadable Template)
What Is A Statement of Financial Position?
Do Nonprofit Organizations Have Profit and Loss Statements?
6 Best Practices for Accounts Receivable Collections