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5 Tips for Community Health Centers to Transition to New Fund Accounting Software

sgEngage

You don’t need a big staff to successfully implement new fund accounting software —you just need to be able to tap into the right skills on your team or know when to rely on an outside consultant. It will help you envision the ease of an optimized structure for your chart of accounts and the business rules that will be most beneficial.

Fund 89
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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

From creating a financial cushion to clearly managing your financial reporting, your finance team can create a strong foundation to help you weather whatever the new year has in store. But they often come with many strings attached—such as detailed reporting requirements. Tip 2: Review your scheduled reports.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

As a CPA working with nonprofits of all sizes, I’ve encountered numerous errors in Board of Directors’ financial reports and Statements of Activities documents. Being aware of these common pitfalls is crucial for maintaining the integrity of your financial reporting and in turn, the trust of your supporters.

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QuickBooks for Nonprofits PRO TIP:  How to Use Classes for Painless Grant Writing

Blue Fox

Here's a class tracking overview with more details and instructions on how to set up classes and get started. (If Here's how we describe it: In the for-profit world, classes are often used for cost center or location-based tracking of revenue and expenses. How game-changing would this type of reporting be for you?

Classes 78
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Beyond the Audit: 6 Best Practices to Build and Strengthen Your Relationship with Your Audit Firm

sgEngage

The Audit Relationship: Then and Now Change management has not historically been an area where nonprofits consulted their auditor. Audit teams would then be caught off guard, unaware of either newly implemented accounting systems, new chart of accounts, or changes in processes and management roles.

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Nonprofit Strategic Planning: Ultimate Guide + 7 Examples

Bloomerang

A good strategic plan ensures you have charted the necessary pathways to meet (and hopefully exceed) your organization’s goals. This nonprofit strategic planning model helps organizations get back on track if they have strayed from the path to success. Decide how to address each of those elements to get your organization back on track.

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27 Recommended Affordable or Free Nonprofit Software Tools

Bloomerang

67% of nonprofits use a constituent relationship management system (CRM) to track donations and manage supporter communications. According to a National Council of Nonprofits report , the vast majority of nonprofits operate at the grassroots level, and 88% have budgets less than $500,000.