Improve transparency and get more granular insight into the spending and budgeting across your organization with Aplos’ advanced features. Share reporting with your team, track fixed assets, get balance notifications…

Every January we hear some frequently asked questions from our nonprofit and church customers who are logging transactions and closing the books for the previous year. Since it can be…

Some of the largest capital investments nonprofits and churches have is their investment in their property, furniture, vehicles and other equipment like computers. These are known as fixed assets and when it comes to managing, tracking and depreciating them, you want to be sure you are doing correctly.

Whether your church is large or small, it likely has some fixed assets, so it’s important to know the requirements for tracking those assets. Accurate accounting is essential for stewarding…

A capitalization policy will help determine whether an item your organization buys is a regular expense or a fixed asset. Organizations use a capitalization policy to set a threshold for…

In a previous video, we looked at how a capitalization policy works in an organization. That document states that any item purchased over a certain value is considered a fixed asset.…

This is a pretty big topic that can get complex fast, but here are the basics on what fixed assets are and how to track them in your accounting. A…

Fixed Assets Fixed assets are commonly found on a balance sheet in the assets section. Other items grouped together in the assets section usually include cash, investments, accounts receivables, and…

How To Write A Nonprofit Business Plan: Lesson 8 Okay. It’s time. Don’t panic. We’re going to talk about accounting. I know, most people hate thinking about it and it…