bookkeeping
Reconciling a Checking Account
Why it is important to reconcile a checking account, and exact steps on how to do it.
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…
Nonprofit Audits & Financial Reviews
Is it an Audit or a Financial Review? The intention is the same, as it is the same process. The difference is in who does it! If a paid tax professional does it, it will probably be called an audit. If unpaid volunteers do it, it will probably be called a financial review. We use…
Accounting for Sports Teams 101
The cost of youth sports is on the rise, and parents may be more discerning about how those funds are spent than ever. Youth and adult sports teams are frequently managed by one or two team members or one or two coaches. Every aspect of the team – from buying uniforms to collecting dues –…
How to Collect and Manage Homeowners Fees
Note: NonProfit Central does not offer legal advice. These are simply options to consider with your HOA team and legal counsel. A Homeowner’s Association (HOA) is an organization created by the real estate developer during the process of property development. During the property development stage, The Homeowners Association is responsible for directing structural standards, design…
A Better Way to Manage PTA Books
Let’s face it. Parent Teacher Associations (PTAs) are volunteer-run organizations managed by people who are parents (read: people who are already extremely busy). That means, on a given day, you’re already dealing with one or more child, after school activities, homework, meals, family and friend time, all while trying to maintain some semblance or your former self.…
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Connect your Bank, Paypal and Square accounts to MoneyMinder PRO to directly download transactions, saving you time and effort. You just review the transactions to ensure they are properly categorized and fill out any required fields.
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