How a Segmented Chart of Accounts Reduces Errors in Your Nonprofit Accounting
To be part of a modern nonprofit financial office is to witness fingers flying over keyboards as information is entered [...]
3 Ways Expense Management Can Help Your Nonprofit Close Its Books Faster
Can your nonprofit confidently say you are successfully closing the books on time every month—or even most months? As someone [...]
What is Fund Accounting?
Did you know that when nonprofits receive restricted funds from donors they must be separately tracked? Learn more about fund accounting from Blackbaud today! [...]
4 Ways to Take the Stress Out of Your Nonprofit Remote Audit
Very few people enjoy being on the organization side of a nonprofit financial audit. Those people probably enjoy visiting the [...]
4 Reasons Why Government Agencies Need Fund Accounting Software
As a government agency, your team is used to doing more with less. But just because your accounting is complicated—with [...]
Creating the Foundation for a Best-In-Class Nonprofit Finance Team
Nonprofits rely on their finance teams to educate management and the board on all financial aspects related to the organization. [...]
The Benefits of One Story: Communicating Financial Information to Your Nonprofit Board
The members of your nonprofit’s Board of Directors are many things: knowledgeable and successful in their areas of focus, community [...]
3 Ways to Create Efficiencies in Your Nonprofit’s Monthly Finance Workflow
I love the saying: Where your attention goes, energy flows. We want to put our energy into the right things [...]
5 Questions about Calculating Your Indirect Cost Rates
Nonprofit organizations are beginning to use indirect costs more frequently in their budgeting processes, whether or not they are pursuing [...]
Making a Case for Calculating Your Nonprofit’s Indirect Costs
If the 500-piece puzzle you are working on only has 475 pieces, you would not only have gaps in the [...]