Why Your Nonprofit Needs the Right Accounting System Before Embracing AI
Your nonprofit’s finance team is juggling restricted funds, grants, and project-specific donations, all while trying to prepare reports, stay compliant, [...]
Top Accounting Tips for Government Grants
Government grants are always competitive. But with fewer opportunities coming from federal and state programs, your organization needs to have [...]
Streamlining Government Grant Compliance: A Checklist for Nonprofits
Government grants and contracts can be an excellent funding opportunity if you have the staff to do the reporting work [...]
What Are Admin Expenses?
Employee salaries, purchasing office supplies, and paying the electric bill so the lights keep working are all examples of the admin costs.
Understanding Contribution Revenue Recognition: What You Need to Know for FASB Compliance
A major donor just pledged a significant gift to fund a new science building at your college, and your development [...]
What Nonprofits Should Know About Process Automation
Imagine you had an extra hour each day to do big-picture, meaningful work. What would you do? According to Asana’s [...]
5 Accounting Workflows Your Nonprofit Can Begin Automating Today
You work hard to keep your nonprofit finance office running smoothly. But some days, you feel like you’re swimming through [...]
Nonprofit Accounting vs. For-Profit Accounting: How They Are Different and Why Nonprofits Should Care
Accounting is an essential part of any ongoing enterprise. It is the meticulous process of recording and organizing financial transactions [...]
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 your team enters [...]
4 Nonprofit Financial Statements and How to Create Them
Effective financial management equips you to make the most of your nonprofit’s limited resources. To produce meaningful reports to help [...]
