fund accounting

The start of the New Year is always chock-full of people making exciting new promises to do some act of self-improvement. Think eating less and exercising more. So we gotta…

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…

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.…

Miss the beginning of the series? Go to Common Nonprofit Mistakes (And Simple Solutions) Part 1: I Could Do It All, But I Shouldn’t. There’s a modern saying we use…

Intro To Nonprofit Accounting: Lesson 5 Ready to learn about nonprofit financial statements, a.k.a. reports? We will take a look at the two reports every organization needs, a third report…

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…

What Is A Nonprofit Chart Of Accounts? A nonprofit chart of accounts for your organization is the list of each account that money comes into, or out of, in your…

An Intro To Nonprofit Fund Accounting What is fund accounting, and what does it have to do with nonprofits, charitable, or religious organizations? It’s a standard almost all nonprofit organizations…

Intro To Nonprofit Accounting: Lesson 1 This lesson will introduce you to what accounting is and how you can apply it. In short, it is the process of keeping track…

Now that you’ve decided to publish an annual report for your nonprofit, like we discussed in Part 1 of this series, what information should you include? There’s no magic formula,…