nonprofit accounting
What Is Cryptocurrency And Why Does It Matter To Nonprofit Organizations?
Cryptocurrency Defined Cryptocurrency, or crypto, is a digital asset that can be used to buy goods and services and even…
Updates on FASB’s Lease’s Standard and How to Implement It
Introduction The FASB issued Accounting Standards Update (ASU) No. 2016-02, Topic 842, on February 25, 2016. The update on FASB…
9 Accounting Services That Your Nonprofit Organization Need to Outsource Now
Running a successful organization requires excellent decision-making skills. Leaders of healthy organizations all share one ability: knowing when to outsource.…
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…
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…
The Common Tax Issues Affecting Nonprofit Organizations
Nonprofit organizations must comply with many tax rules and regulations to keep their tax-exempt and nonprofit statuses. Understanding how the…
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