Remove Banking Remove General Ledger Remove Strategic Planning
article thumbnail

The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

Common nonprofit bookkeeping tasks include: Recording donations Entering accounts payable and receivable Organizing and reviewing bank statements Maintaining the general ledger These everyday financial duties help bookkeepers provide a clear and up-to-date picture of the nonprofit’s financial status.

CFO 52
article thumbnail

Roadmap to Starting a Business

CFO Simplified

You might start with one single item, but knowing where you might be two or five years from now will be helpful in developing your strategic plan. Open a bank account If you are going to start a company, it’s vital you segregate your personal expenses and assets from your company’s expenses and assets. Plan it month by month.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Keep Proprietary Processes Secret

CFO Simplified

The general ledger layout is generic in nature. The non-standard reporting creates minor issues with annual bank audits. The company has never created a budget for planning purposes. Make use of fraud protection services offered by the bank, including Positive Pay and Fraud Protection on ACH transactions.

article thumbnail

216: Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO

CFO Talks

Farhaan Moolla: Innovative Leadership: The Journey of a modern and dynamic CFO Written by: Staff writer In this podcast Farhaan Moolla, a seasoned CFO with a notable career in financial leadership and strategic planning, shared his journey, beginning with his entrepreneurial family background. And that’s all.