tracking donations

One of the first things people should learn when they’re thinking of starting a nonprofit is understanding the difference between normal accounting and fund accounting. Because nonprofit organizations focus on…

Every January we hear some frequently asked questions from our nonprofit and church customers who are logging transactions and closing the books for the previous year. Since it can be…

Having a nonprofit is a lot of work. Since it’s volunteer work most of the time, every minute is valuable. Choosing the right software to manage your organization is vital…

Welcome to the world of nonprofit accounting! This guide covers basic definitions, best practices, and advanced examples, as well as outsourcing and software options. Before we dive in, it’s important…

Donation request letters are letters organizations use to ask for donations from past and potential donors. Writing an impactful letter can be a great way to get your message out…

Managing the donors for your organization can get confusing the more donors you have. Do you have the right tools for managing your primary source of funding? Below are 4…

When the Trump Administration passed the new tax plan in December of 2017, the standard deduction people could claim on their taxes about doubled. What does this mean? And how…

Welcome to our free Nonprofit Accounting Course, taught by Alex Acree, our in-house nonprofit accounting guru. What Is Nonprofit Accounting? Nonprofit accounting, also referred to as fund accounting, is the…

Your 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.…

Keep 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…