Nonprofit Accounting Basics

Treasurer's Tip Podcast

Reasons to Use Check Request & Reimbursement Forms

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host, Cyndi Meuchel. I’m the co-owner of MoneyMinder, where our goal is to make your life as a volunteer way easier. Today I’m answering the following question: Are check request forms and reimbursement forms…

Treasurer's Tip Podcast

Financial / Fiscal Years and How They Impact You

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m your host, Cyndi Meuchel, co-owner of MoneyMinder, where we are hoping to make your volunteer life easier. Today I’m answering the following question: What is a financial year? Stacy writes, “I’m a new treasurer and I…

Treasurer's Tip Podcast

Debit Cards: Pros and Cons for Your Nonprofit

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast! I am your host, Cyndi Meuchel, co-owner of MoneyMinder, where our goal is to make your life as a volunteer way easier. That’s why we share these tips and tools, but keep in mind, every group operates…

Treasurer's Tip Podcast

Why is it Important to Reconcile My Account?

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I’m your host, Cyndi Meuchel, and the coowner of MoneyMinder, where our goal is to make your life as a volunteer super easy. Today I’m answering the following question: Why is it important to reconcile my account?…

Treasurer's Tip Podcast

How to Present the Treasurer’s Report at Your Next Board Meeting

Following is a transcript of this podcast episode, with audio/video below. Welcome to the Two-Minute Treasurer’s Tip Podcast. I am your host, Cyndi Meuchel, co-owner of MoneyMinder, where we’re hoping to make your life as a volunteer easier. Today I’m answering the following question: How do I present a Treasurer’s Report at my board meeting.…

cash handling rules

Handling Cash and Why You Should Try Not To

Cash is king, right? These days, that sentiment is becoming less true. Online banking, peer payment apps, cryptocurrency and more, cash seems like the messy big sister. Why messy? First of all, cash is tangible, and much more bound to being lost. In the same vein, it’s much easier for those handling cash to swipe…

quickbooks vs moneyminder

5 Reasons Your Nonprofit Should Switch From Quickbooks to MoneyMinder

The answer to the question of Quickbooks vs. MoneyMinder depends on who is using it. Quickbooks is an excellent tool that is right for many businesses, big and small. It is owned by a company called Intuit, which also owns TurboTax, and Mint, among others. Quickbooks promotes itself as the tool to “run your whole…

outgoing-board-transitions-nonprofit

Nonprofit Board Transitions: How to Get Started When the Outgoing Board is Not Helpful

Kids grow up so fast. At least, that’s what they say. And for some nonprofits — such as Parent Associations — Board Members volunteer when their children are of age, and they exit when their kids do. Having a board that comes and goes this frequently is sometimes accompanied by challenges. We’ve heard tales of…

bank accounts community groups

Choosing and Maintaining a Bank Account for a Community Group

No matter how small your nonprofit is, your mission serves an important role in the community. And even if your nonprofit handles just a small amount of money, it is vital that you set up a bank account. Most community groups need a bank account to keep track of funds, protect individuals and prevent embezzlement.…

pto pta budget tips

10 PTO and PTA Budgeting Tips

Depending on your parent group’s financial picture, budgeting could mean two different things. If you’re strapped for cash, budgeting means making tough decisions on programs to cut. On the other hand, if you’ve just completed a lot of fundraising activities and have good cash flow, you may have lots of programs to fund. Regardless of…