Volunteer Accounting
I had the pleasure of visiting Meals on Wheels and More in Austin, TX, and, like many nonprofits, volunteers are the lifeblood of the organization. Last year, nearly 7,000 volunteers gave their time...
View ArticleThree Metrics to Improve Receivables Effectiveness
I recently gave an online presentation about how schools can improve their billing function, which you can view here: Four Ways to Improve Your Billing Processes. But as I was putting the presentation...
View ArticleAccounting for Year-End Gifts
It happens every year. The fundraisers rock the year-end campaign, and the business office is flooded with gifts. Some are checks dated in the prior year, and others are sent with envelopes postdated...
View ArticleDo You Need a Nonprofit Accounting System?
Not-for-profit accounting, and fund accounting in general, is all about the segmentation of equity into funds. While systems like QuickBooks will allow you to use a field such as Class to segment your...
View ArticleHow Development and Finance Can Get Along (Really!)
Most people understand that their Development and Finance Departments are both critical to the success of their nonprofit organization. Many people, however, tend to forget just exactly what their...
View ArticleAccounting for Development Gifts
If it weren’t for development staff, many nonprofit organizations would be out of business tomorrow! Fundraisers serve a vital function in securing contributions from donors and maintaining...
View Article3 Steps to Get More Grants
There are some nonprofits who won’t apply for additional grant funding because they can barely manage the ones they have. One more grant would be the proverbial “straw that breaks the camel’s back”....
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6 Functions for Creating Effective Budgets
Budgeting is an intrinsic and vital part of a nonprofit organization. Often, it requires months of drafting and revising before reaching final board approval. Even further complicating the budgeting...
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Why Savvy Nonprofits Are Dumping QuickBooks™ and Moving to the Cloud
Believe it or not, your organization is about to be part of an enormous wave of change in the next few years. That’s because, if you’re like a lot of nonprofits, you’re using an on premise accounting...
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