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Nonprofit Accounting Software

How to Read Your Nonprofit Statement of Activities Report

The nonprofit Statement of Activities is one of the main financial statements of a nonprofit organization. [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Charitable Contributions, Charitable Gifts, Functional Accounting, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Financial Statements, Nonprofit Fund Accounting Software

Guide to the Nonprofit Statement of Financial Position Report

What is a nonprofit statement of financial position report and how can it determine if a nonprofit is healthy financially? [Read more…]

Written by Joseph Scarano · Categorized: Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Form 990, IRS Form 990, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Audit, Nonprofit Fund Accounting Software

IRS Form 990: Which Form Does My Nonprofit Need To File?

As a nonprofit organization you are required by the IRS to file an annual financial information return called the IRS Form 990. [Read more…]

Written by Joseph Scarano · Categorized: Nonprofit Fund Accounting · Tagged: Accounting Software for Nonprofits, Form 990, IRS Form 990, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Audit, Nonprofit Fund Accounting Software

Difference Between Nonprofit Earned Revenue vs Charitable Contributions

The difference between nonprofit earned revenue and contributions is quite simple. Earned revenue is money that a charity earns for providing goods or services. [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Charitable Contributions, Donations, Earned Revenue, Fundraising, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Fund Accounting Software, Online Donation Page, Online Donations

Nonprofit Accounting: Difference Between a Fund and a Program

In order to understand nonprofit accounting, it is important to know the difference between a fund and a program. A true nonprofit accounting system tracks revenue from funds and expenses by programs or functional areas. [Read more…]

Written by Joseph Scarano · Categorized: Accounting for Nonprofits · Tagged: Accounting Software for Nonprofits, Cost Allocations, Direct Cost Allocations, Functional Accounting, Fund Accounting, Fundraising, Nonprofit Accounting, Nonprofit Accounting Software, Nonprofit Audit, Nonprofit Fund Accounting Software

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