Summer is in full swing, and generally most organizations’ schedules are slower this time of year. This means it’s the perfect time to review your accounting and get ready for…
Church Management
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Church ManagementNonprofit AccountingNonprofit Management
Accounting Software for the CPA Who Manages Nonprofits and Churches
by Eric Burgessby Eric BurgessAre you a CPA who serves nonprofit organizations or churches? If so, you likely do it because you have a passion for making a difference in the lives of others.…
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Aplos ShortChurch ManagementNonprofit Accounting
What Is a Capitalization Policy?
by Alex Acreeby Alex AcreeA capitalization policy will help determine whether an item your organization buys is a regular expense or a fixed asset. Organizations use a capitalization policy to set a threshold for…
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Aplos ShortChurch ManagementNonprofit Accounting
What Is a Depreciable Life Policy?
by Alex Acreeby Alex AcreeIn a previous video, we looked at how a capitalization policy works in an organization. That document states that any item purchased over a certain value is considered a fixed asset.…
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Aplos ShortChurch ManagementFundraisingNonprofit Management
Understanding In-Kind Donations
by Dan Kimballby Dan KimballWhat Are In-Kind Donations? An in-kind donation or gift is when someone makes a contribution to your nonprofit or church that’s not cash or stock. For example, in-kind donations could…
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Aplos ShortChurch ManagementNonprofit Accounting
The Difference Between Cash Basis And Accrual Basis
Cash and accrual are two ways your organization can keep track of its finances. Most organizations function off of a cash basis, but there may be a situation where running…
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Aplos ShortChurch ManagementFundraisingNonprofit Management
What Is A Donor-Advised Fund?
by Dan Kimballby Dan KimballDonor-Advised Funds A Donor-Advised Fund (DAF) is a charitable giving vehicle administered by a 501(c)(3) public charity created to manage charitable donations on behalf of organizations, families, or individuals. Also…
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Aplos ShortChurch ManagementNonprofit Accounting
What Is Fund Accounting?
by Alex Acreeby Alex AcreeFund Accounting Basics In standard accounting you keep track of your assets, liabilities, equity, income, and expenses for one account. With fund accounting, you need to track those five things,…
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Church ManagementNonprofit AccountingWebinars
Webinar: Tour Of Aplos Advanced Accounting Software
by Alex Acreeby Alex AcreeAny accounting software you use should have three primary areas, and we will show you these in Aplos, as well as some of our newer advanced features. The first is…
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This is a pretty big topic that can get complex fast, but here are the basics on what fixed assets are and how to track them in your accounting. A…