nonprofit budget
Do I Need Nonprofit-Specific Accounting Software?
For many volunteer treasurers, the choice of accounting software is often inherited rather than chosen. In other words, they use whatever is passed down to them. Unfortunately, this often comes with little to no training, and sometimes, the treasurer has no accounting experience at all. One of the unique challenges of nonprofit organizations-especially those run…
Sample Nonprofit Chart of Accounts (PTAs, Scouts, HOAs, Sports, Social and Service Groups)
A Chart of Accounts is the foundation of a solid nonprofit group. The COA is a categorized collection of accounts where you have bookkeeping entries, including Assets, Liabilities, Income and Expenses. Each time you put money in or take money out of your group, you need to record it to the right account. A nonprofit’s…
Budgeting Dos and Don’ts
Budgeting can be a powerful planning tool. Here are a few must “Dos” to have a successful budget and a few common errors or “Don’ts”
Nonprofit New Year’s Resolution: Get Your Ducks in a Row
2015. Can you believe Y2K was a whole 15 years ago? We may not be facing a millennium-based computer bug meltdown, but time of year is wrought with its own set of challenges. Holiday shopping, school breaks, vacations, and more social interaction than you’re used to. All of that can add up to a lot of stress.…
How to Create a Church Budget
When it comes to managing the financials of a religious institution, the key factors are organization and trust. Like any organization, it’s unwise to assume that everyone can always be trusted. Be highly organized and leave a traceable path for every move you make so that all of your financials can be accounted for. All…
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Connect your Bank, Square and PayPal 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.