Are You Taking Advantage of Automatic Expense Allocations?
Automatic expense allocations is a basic feature found in most mid-market financial accounting software packages. This feature allows you to gain the flexibility and value of automating a potential...
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Dimensional Chart of Accounts for Not-for-Profits
If you’re a not-for-profit and want to track the performance of each fund, program, project, and grant, you’ve been out of luck… until now. Also referred to as multi-dimensional accounting, the...
View Article7 Reasons Why NFPs need Intacct – Part I
Many Non-Profit organizations that are using Quickbooks or a similar low-end solution for their accounting software are finding that they need something more robust. The reasons for this can vary...
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Executive Directors and Board Members – Here Are 5 Things Your Finance...
5 Things Your Finance Director Wants You To Know The nonprofit world is experiencing enormous change. More competition for funding, higher demand for services due to growing numbers of constituents and...
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Changes to Nonprofit Accounting Rules Announced
Just yesterday, on August 19th, the Financial Accounting Standards Board (FASB) announced changes to how nonprofits present their financial reporting. This is the first change to these standards since...
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Why Nonprofit Finance and Accounting Need to Ditch Excel
Since Microsoft introduced Excel nearly 30 years ago, businesses and nonprofits have benefited from the power of the spreadsheet. As BI, or business intelligence, became more important, new...
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5 Questions for Evaluating Financial Applications for Churches
Reliable Accounting Packages – Reports You Can Trust Data integrity in your accounting system is paramount. You must have confidence your data is accurate or it becomes useless. If church leaders have...
View ArticleAdvancements in Cloud Security
Technological advancement is truly amazing to behold. We have seen common cell phones evolve from simple flip-phones to handheld computing marvels in the span of a decade. Humanity has also seen the...
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How Intacct Accounting Software Saves Nonprofits a Bundle
Intacct cloud accounting software is increasingly chosen by nonprofits to maximize their “return on mission,” including foundations, healthcare providers, associations, social services, and faith-based...
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Why Should Nonprofits Consider Graduating from QuickBooks in 2016?
QuickBooks is an amazing tool for managing businesses and even nonprofits in the early stages of their organizational development. It’s well known. It’s easy. And it works. But when your church or...
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