Nonprofit Accounting

This is a guest post provided by Fei Fan-Dollinger, Senior Marketing Manager at PEX. Managing expenses can be challenging for nonprofits. You got into the nonprofit world because you have…

A common question that is asked by nonprofits and people in the community is whether or not a nonprofit organization can charge for products or services. Due to the public…

One primary trait of healthy nonprofit organizations is exercising solid financial management policies and strategies that will put your cause in a position to be successful for the foreseeable future.…

Nonprofits and churches are special. You know this and we know this. But why is that, exactly? Among countless other things, one major distinguishing factor is their use of fund…

Practically everyone has heard the saying, “It takes money to make money,” and that phrase also rings true when it comes to fundraising for your nonprofit. Whether your organization is…

Back in 2016, the FASB (Financial Accounting Standards Board) approved several changes regarding nonprofit financial statements. One of the more significant rules, also known as ASU 2016-14, states that all…

QuickBooks® is one of the most popular accounting software options on the market, but its “one size fits all” approach can cause quite a few challenges when it comes to…

Improve transparency and get more granular insight into the spending and budgeting across your organization with Aplos’ advanced features. Share reporting with your team, track fixed assets, get balance notifications,…

When it comes to your nonprofit’s budget, it is extremely important that your team has a clear and accurate understanding of your organization’s income and expenses. Sound financial management is…

While QuickBooks® is an excellent product and one of the most popular accounting solutions on the planet, it can be quite challenging for nonprofits to perform standard accounting functions like…