book keeping

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Accounting for Sports Teams: 10 Basic Tips

Accounting for sports teams is a little more complicated than simply reading the scoreboard. However, it doesn’t have to be too challenging when you follow these helpful tips. Help your team by handling accounting curve balls with aplomb. 1. Evaluate Take stock of how team accounting has been done in the past. Did the previous…

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The Treasurer Duties of Reconciling a Checking Account

Whether you are an incoming Treasurer or this is a re-occurring role for you, the Treasurer duties of reconciling a checking account are very important to your financial success. Mistakes & Fraud There are two main reasons for reconciling a checking account. The first is to identify and correct errors. Let’s face it, mistakes happen!…

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A Few Words from a Satisfied Customer

Is MoneyMinder right for your Club accounting needs? Here, a pleased customer explains his experience with MoneyMinder and explains why it works for his Lions Club.

New Budget Analysis Report

New Feature: Budget Analysis Report

Budgeting is vital to the success of a nonprofit organization. Considering the importance of budgeting, many groups find themselves in the situation that the fiscal year end is approaching and they would like to know where they stand financially. Comparing budget to actual numbers is helpful in the case that you may want to re-allocate…

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Software for Rotary Club Management

Here are five software programs for Rotary Club management that will up your efficiency and free up valuable club time.

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Beyond Drills: Managing Little League Dues & Finances

Little league administration can be a challenge, here are a few tips to make finances and due collection easier.

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What is the IRS 990-N Form All About?

The more tax tips you can get, the easier your treasurer job will be, right?  How does the word e-Postcard sound, does it sound easier than EZ? If you are a treasurer for a small tax-exempt organization, you are probably familiar with the Form 990, if not-check out this refresher.  Basically, the 990 is a form…

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See Strength In Numbers: The Annual PTA or PTO Audit

The annual PTA/PTO financial review (aka audit) is something that often strikes fear into the hearts of many Treasurers and committee members.  Many consider this mandatory task a tiresome burden at best or a complete nightmare at worst; but it doesn’t have to be that way. DEVELOP A NETWORK Utilize your local PTA/PTO community to streamline…

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Managing Your Baseball Team’s Books

Are you great at keeping score at the game, but not so much when it comes to the team accounting? While there should be a healthy amount of fun involved managing a baseball team, keeping the books is serious business. National trends show that the cost of playing sports continues to increase, so it is…