In 2016, the Financial Accounting Standards Board (FASB) published Accounting Standards Update (ASU) No. 2016-14, "Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities." This document mandates changes to non-profit financial statements. Organizations are encouraged to learn more about these new requirements and even consider early adoption. Even if an agency decides against early implementation, fiscal and management staff should review the ASU and identify decisions to be made and bookkeeping changes necessary for compliance.
When you are running a business, keeping on top of outstanding invoices is important. Not only will this give you a.
Topics: P&L by class, class tracking, quickbooks reporting
Would you like the ability to create a profit and loss account by location, department, customer type or line of.
Topics: startups, nonprofit accounting services, funding
Since most nonprofit organizations are focused on the public good, you would think they'd be easy to start. Of course,.
To date in 2015, AccountingDepartment.com received 2,238 applications for its bookkeeping, accounting manager and.
If only it was just about your great idea. Most entrepreneurs are passionate about their product or service, but.
