accounting for nonprofit
5 Metrics To Use To Track Your Nonprofit’s Financial Health
The financial health of nonprofit organizations is an important indicator of their success. Measuring financial health can help an entity…
How To Choose The Right Nonprofit Bank Partner (And How To Leverage Your Relationship)
Nonprofit banking is a concept that is often overlooked in the planning stages of new organizations. Nonprofit entities must comply…
What Is Fiscal Sponsorship? (A Nonprofit’s Beginner’s Guide)
One way nonprofit organizations secure funding is through fiscal sponsorships. Nonprofits engage in fiscal sponsorship by providing services to projects…
New Statements on Auditing Standards and How It Affects Nonprofit Audit Reports
Auditing standards do not generally affect an organization when it comes to daily operations. However, it is important for nonprofit…
Allocation of Functional Expenses (A Nonprofit’s Guide)
Nonprofit entities differ from for-profit companies because they must focus on accountability, rather than profitability. With accountability comes regulations about…
Are You Outgrowing QuickBooks? 9 Telltale Signs That It’s Time to Upgrade to Sage Intacct
Many freelancers, partnerships, and other small businesses turn to QuickBooks for their accounting software needs. QuickBooks has earned its reputation…
Sage Intacct vs. QuickBooks: Which Accounting Software Is Best To Scale Your Business?
Running a business can be stressful, but there are many options available to make the process as smooth as possible.…
Invoicing Tips for Nonprofit Organization
What Is An Invoice? Invoices are essential to all businesses, including nonprofit organizations, because they coordinate payment collection. An invoice…
Measuring Fundraising Success
Donations make up a large portion of a nonprofit organization’s income, which funds the mission. But how can your nonprofit…
Payroll Management: What It Is and the Benefits of Using It In Your Nonprofit Organization
Staff members must get compensated for the time they spend contributing to the organization, payroll management describes the process that…
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