General tools just won't cut it- You need true fund accounting
Aplos is specifically built to serve the unique financial needs and dynamics of nonprofit groups and faith-based organizations. You can confidently manage your books, financial health, and bottom line the right way, the first time and every time.
Perfect for both large and small organizations
Advanced accounting tools and beautiful reports for organizations that need them
World-class fund and donor accounting features specific to the needs of nonprofits and churches
Aplos is a robust accounting system that allows you to keep track of your grants, programs, and fundraising so you can give your board clarity on your finances.
An in-kind donation or gift is when someone makes a contribution to your nonprofit or church that’s not cash or stock. For example, in-kind donations could be goods or services, or even an expertise.
The advantage of in-kind donations for your nonprofit or church is you could potentially save a lot of money by receiving goods and services for items you would otherwise have to pay for. So they help organizations save money and function within their budgets, and in some cases, donors receive a tax write-off.
What are Some Examples of In-Kind Donations?
Examples of in-kind goods include:
Furniture
Office space
Computers, software, or other technology
Examples of in-kind services include:
Legal advice
Accounting
Volunteering
Keep in mind, if you are receiving in-kind donations in the form of property or live animals, there are certain laws and forms required. Some of them can be complicated, so it’s important to research the rules before accepting those two forms of donations in kind.
Also, it’s important to set a policy or rules for your organization for what you are and aren’t willing to accept as donations in kind. If not, you may end up with items you aren’t able to use.
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