accounting and reporting
The Top 7 Mistakes Companies Make During a Sage Intacct Implementation
A Sage Intacct implementation for a non-profit organization usually signals growth. Sage Intacct means you’ve become successful enough to outgrow…
Your Nonprofit’s Year-End Close Checklist
The end of the year has come and gone. Resolutions are in full swing (and a few may already be…
10 Reasons to Choose Sage Intacct’s Construction Accounting Software
When a general contractor discovers that their latest project is 15% over budget three months into construction, the problem often…
What is Financial Consolidation? A Quick Accounting Guide
Financial consolidation stands as a critical process for companies with multiple entities, subsidiaries, or divisions. At its core, this practice…
Understanding Financial Reviews for Nonprofit Organizations: A Comprehensive Guide
Nonprofit organizations play a vital role in society, focusing on a variety of causes and initiatives aimed at creating positive…
Understanding Cost Allocation Methods: A Comprehensive Guide for Nonprofit Leaders
The financial health of a nonprofit organization is often seen as a barometer of its capacity to deliver on its…
Nonprofit Accounting Basics: Understanding Accounts Payable Cycle
The accounts payable (AP) cycle is the process of tracking and paying bills for goods and services that a nonprofit…
Nonprofit Balance Sheet (or Statement of Financial Position)
Nonprofit organizations do not have the same financial reporting requirements as for-profit businesses. Since nonprofits operate for the purpose of…
ASU 2014-09: A Summary of Revenue Recognition for Not-for-Profit Organizations
The Financial Accounting Standards Board (FASB) is the agency in charge of monitoring, revising, and enforcing accounting practices in the…
What Is Earned Revenue In Accounting?
One of the most frequent requests we hear from clients looking for financial services is to be sure they are…
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RECENT POSTS
How Sage Expense Management Strengthens Nonprofit Expense Tracking and Internal Controls
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The Top 7 Mistakes Companies Make During a Sage Intacct Implementation
Your Nonprofit’s Year-End Close Checklist