double-entry accounting

Did you know accounting has been around for thousands of years? We can trace it back to ancient civilizations. Abilkisu sat inside a stone cubicle in the bullpen of Mesopotamia,…

What is journal entry anyway? What is double-entry accounting? And how do journal entries work in fund accounting? We’re glad you asked. When you enter a transaction in an accounting…

Accounting refers to the process of auditing, maintaining, and processing financial information. Every business relies on accounting principles to organize, maintain, and process financial dealings. The majority of businesses and…

Have you ever posted a journal entry in your accounting for your nonprofit and then went back later and wondered, “Why did I do that?” It’s not that uncommon, so…

Intro To Nonprofit Accounting: Lesson 7 In the final lesson of this series, we will take a look at the nonprofit accounting standards your accounting system needs to adhere to.…

Intro To Nonprofit Accounting: Lesson 4 A general ledger is a list of transactions by account. In this lesson, we will take a deeper look at transactions. We’ll discuss what…