outsourced accounting services
How to Read Nonprofit Financial Statements
Nonprofits are unique because the focus is on accountability, not profitability. However, just because there is no rush to distribute…
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…
What Are The Benefits Of Outsourced CFO Services?
We’ve talked before in our blog about outsourcing bookkeeping and other accounting services, but many nonprofit organizations don’t know that…
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Is Outdated Technology Costing Your Nonprofit Association?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…
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…
6 Things to Consider When Choosing Your Nonprofit’s Year-End
Running a nonprofit organization is a rewarding process. But, just like any other business venture, there are decisions to be…
How To Detect and Prevent Fraud in Nonprofit Organizations
According to the Association of Fraud Examiners, ACFE 2022 Global Fraud Survey, nonprofit organizations lose an average of 5% of…
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…
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RECENT POSTS
What Is A Statement of Activities for Nonprofits?
A Step-by-Step Guide to the Nonprofit Organization’s Accounts Receivable Process
Outsourced CFO Services: What They Do and Why Your Organization Needs Them
How To Prepare a Cash Flow Statement for Your Nonprofit Organization
Making Accurate and Feasible Financial Projections for Your Nonprofit Organization (The Basics)
Understanding The Nonprofit Annual Report (The Basics + Downloadable Template)