5 financial best practices every nonprofit should know in 2023
With a looming recession tightening up our budgets, here are the 5 financial best practices that every nonprofit should know in 2023.
Giving Tuesday Is November 29. Here’s How Your Church Can Prepare
With Giving Tuesday just around the corner, there are several ways your church can prepare for full participation but be aware of donor impact on your overall accounting procedures. In the digital age, tracking donors and donations has become more complex, depending on the way your church accounting is set up.
What Can Nonprofits Learn From Patagonia’s $3 Billion Gift?
Patagonia’s recent gift to a nonprofit organization committed to fighting climate change has many other nonprofit’s questioning how and why this particular nonprofit was the chosen one. Read on to discover a few important takeaways from Patagonia’s $3 billion gift as we approach a new year of business:
Here Are The Biggest Myths About Outsourced Bookkeeping To Watch Out For
Budgeting and forecasting require time. Finding someone within your organization with the ability to look at data and strategically plan for your ministry’s future profit and loss can be difficult. If you don’t have the time, resources, or understanding to tackle this job on your own, an outsourced bookkeeper can be an easy solution. Let’s debunk a few myths before you decide:
What Services Does a Virtual Accountant Offer?
What is a virtual accountant? How might they help your company? In our article about virtual accounting, we break down the typical issues businesses face and how virtual accountants can help: