Nonprofit bookkeeping requires understanding nonprofit unique accounting requirements. This post explores everyday, real-world questions bookkeepers encounter.
Category: restricted funds
Fund Accounting Questions: Real World Answers
Fund accounting helps nonprofits become more accountable to funding sources by tracking donor revenue designated for specific purposes.
Donor Restricted Funds: Real World Answers on Expenses
Nonprofits sometimes get caught up with donor restrictions imposed on donations and how to use these funds to pay expenses. What is the best way to pay expenses using donor restricted funds and remain compliant?