bookkeeping
Join Us Live: How MoneyMinder + Cheddar Up Work Together
Collections Come In. Books Stay Clean. Three Dates to See the Power Couple in Action. Collecting payments and reconciling your books shouldn’t be two separate headaches. This summer, we’re teaming up with our partners at Cheddar Up for three live sessions that show exactly how the two tools work together — from the moment a…
QuickBooks Alternatives for Nonprofits: The Right Software by Size and Stage
QuickBooks is usually the first name that comes up when a nonprofit outgrows its spreadsheets. For staffed organizations with accounting experience on the team, it can be a strong fit. But plenty of nonprofits sign up and hit friction fast — usually around one of four things: None of that makes QuickBooks a bad tool…
Why missing receipts is a problem for nonprofits (and how to fix it)
A recent question on MoneyMinder’s Facebook community stopped a lot of treasurers in their tracks. A new treasurer wrote that one of her board members frequently used the nonprofit’s debit card, but never submitted receipts. The treasurer trusted that the purchases were legitimate, but wasn’t sure if she still needed the documentation. Her instinct was…
Cash vs. Accrual Accounting for Nonprofits
If you’ve recently stepped into a treasurer role for your PTA, community garden, or local sports league, you might be wondering about the best way to handle your organization’s books. There are different approaches to accounting, and choosing the right one can make your job much easier. Cash accounting (also called the cash method or…
PTO / PTA Treasurer Duties: A Month-to-Month Guide
Raising your hand to be your PTO or PTA Treasurer might seem like a straightforward task. How complicated can it be to manage your Parent Teacher Association or Organization finances? In reality, the role carries significant responsibility. From adhering to your group’s bylaws to complying with IRS regulations if you’re a tax-exempt organization, the financial…
5 Must-Have Features When Choosing Parent Group Treasurer Software (PTA, PTO, Boosters)
As the new school year approaches, parent groups such as PTAs, PTOs and Booster Clubs are gearing up for a fresh start. Excitement fills the air as parents, teachers and administrators collaborate to create an enriching experience for students. In all of the excitement, one aspect that is often overlooked is the financial management of…
Bad Checks: What if Your Nonprofit Receives an NSF Check?
When your small nonprofit receives an NSF (Non-Sufficient Funds) Check, it can not only be an inconvenience to deal with, but it can potentially disrupt your budget. Let’s explore how nonprofits can effectively handle NSF checks and minimize the impact on financial stability. What is an NSF Check? Sometimes referred to as a “bounced” or…
What are the Responsibilities of the Treasurer?
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 with MoneyMinder where our goal is to make your life as a volunteer way easier. Allyson says: I was just voted in as Treasurer for my group. How do I figure…
How to Develop Next Year’s Budget
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 where we’re hoping to make your life as a volunteer way easier. Lauryn writes: We’re just starting to look at next year’s budget. What suggestions do you have for getting started?…
Is it Okay to Reallocate Funds if You Deviate From Your Budget?
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 with MoneyMinder where our goal is to make your life as a volunteer way easier. Erika writes: Our budget was put together by the previous board. We are halfway thru the year…