The Charity CFO

FEBRUARY 4, 2022

Do a Google search on nonprofit bookkeeping, and you’ll find page after page of articles on nonprofit accounting. Because while nonprofit bookkeeping and accounting are related, they’re not the same thing. A bookkeeper records and organizes financial data; an accountant interprets and presents that data. .

Nonprofit 98

Nonprofit Invoicing General Ledger GAAP 98

The Charity CFO

JULY 19, 2024

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

CFO Accounting Nonprofit General Ledger 52

The Charity CFO

OCTOBER 9, 2024

Modern nonprofit leaders are always looking for ways to use technology to make everyday tasks easier. One of the most sought-after tools is a platform or software to integrate your fundraising and accounting data seamlessly. For nonprofits, GAAP ensures transparency, accuracy, and consistency in financial statements.

Accounting 52

Accounting GAAP Nonprofit Accounting Principles 52

Centage

OCTOBER 3, 2022

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. If your business is outgrowing Excel, you are not alone, and it may be time to switch to another financial forecasting solution. A single miscalculation could lead to significant monetary loss.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

To conduct financial data analysis, your business needs to test various hypothetical scenarios. If your business is outgrowing Excel, you are not alone, and it may be time to switch to another financial forecasting solution. Regularly modify and monitor your financial plan. Limited Visibility.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52