Important Things To Consider For Your Church Budget When you are looking at creating a budget for your church, data is key. If your organization has existed for a while,…
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A church budget is a roadmap to help make planning your expenses easier. Many churches take a “use it or lose it” stance on money, trusting God to provide more…
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Nonprofit AccountingNonprofit Management
Not-for-Profit Financial Statements You Need
by Alex Acreeby Alex AcreeNot-for-profit financial statements differ than those used by for-profit businesses. Most businesses need two essential reports: the Balance Sheet and the Income Statement. Nonprofit organizations have a variation of these…
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Nonprofit AccountingNonprofit Management
How to Manage Donations in Your Accounting
by Alex Acreeby Alex AcreeYour supporters are the foundation upon which your organization operates and exists. Managing them, stewarding them, and accounting for their donations within the fund accounting framework requires time and organization.…
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Nonprofit AccountingNonprofit Management
Mastering Daily Accounting Tasks for Your Nonprofit
by Alex Acreeby Alex AcreeKeep your nonprofit’s books accurate and up to date with some daily accounting tasks. Similar to businesses, nonprofits receive and spend money, purchase inventory, pay bills, and transfer money between…
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Nonprofit AccountingNonprofit Management
How To Set Up A Chart Of Accounts For Nonprofits
by Alex Acreeby Alex AcreeWhat Is A Chart Of Accounts? Learn how to accurately track your nonprofit’s financials. In this lesson we will discuss how to set up your chart of accounts for accurate…
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New to nonprofit accounting? No problem! Start tracking your nonprofit’s financials while keeping them as actionable and succinct as possible. Sign up here and we will send you the entire…
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