Nonprofits and churches have unique needs for their financial systems because they focus on accountability rather than profitability. They need to be good stewards of the money people have given them as they work toward fulfilling their mission. In particular, it is essential to track designated money in multiple funds and pull reports based on those funds. This is known as fund accounting.
Whether you use a true fund accounting software or a small business accounting software, there are some important best practices to implement and maintain in order to keep your financials healthy. We’ll go over some of them so you can make sure you have your books in order. Implement best financial practices for your organization so your nonprofit or church can have a healthier financial foundation. This financial management course—created specifically for nonprofits and churches—can help.
During this webinar, you will:
- Learn the fundamentals of fund accounting
- Review the importance of fund accounting to build stewardship and accountability in your organization
- See how to track funds and create essential fund accounting reports for your board
- Understand how to use a fund accounting software, such as Aplos
To view the free 50-minute webinar, fill out the form below.