Did you know accounting has been around for thousands of years? We can trace it back to ancient civilizations. Abilkisu sat inside a stone cubicle in the bullpen of Mesopotamia…

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…

Accounting refers to the process of auditing, maintaining, and processing financial information. Every business relies on accounting principles to organize, maintain, and process financial dealings. The majority of businesses 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…

Because the end of the month is a hectic time in any back office, a monthly checklist can help ensure all financial transactions that affect your bottom line are accounted…

Anyone that has not had an Accounting 101 class will most likely be confused by the concept of Debits (Db) and Credits (Cr). These are nothing like Debit and Credit…

Good financial information can help your nonprofit execute its mission, which will propel your organization to flourish so you can put your nonprofit’s vision in motion. Ratios are a tool…

When setting up the books for your nonprofit, specifically the chart of accounts, one of the best things you can do is check out the 990-EZ expense worksheet to categorize…