Handbook of Budgeting for Nonprofit Organizations

by | Aug 17, 2023 | Bookkeeping

Equally important are the indirect support costs that keep your programs running smoothly. Administrative oversight, financial management, IT support, insurance, facility maintenance, volunteer coordination, and grant compliance all contribute to program success....

Accounting for unearned rent

by | Dec 2, 2022 | Bookkeeping

This is because the company has yet to deliver value in return for the payment, meaning the funds are not yet owned in a true economic sense. Per accrual accounting reporting standards, revenue must be recognized in the period in which it has been “earned”, rather...