A few nonprofit accounting tips

heather | 9 Jun 2006 - 16:32
»

I am certainly not a CPA but here are a few nonprofit bookkeeping tips and advice I have learned along the way.

1.  I am very glad that I can enter my programmatic budgets into Quickbooks. First, I associate each program with a class in QB. For example, Aspiration’s Field Community Building program is a class. Second, I associate each project within each program as a subclass. For example within the Field Community Building program there is the Penguin Day class.

2. I also designate in QB each Foundation that funds my organization as a customer:job. 

3. Furthermore, I use the Unified Nonprofit Chart of Accounts that the California Assocation of Nonprofits provides http://www.canonprofits.org/  

I want to thank Karen Schiller who teaches Bookkeeping in Quickbooks through Compasspoint www.compasspoint.org who helped me get Aspiration’s books in order. Also I use several nonprofit accounting books, like "Financial Leadership for Nonprofit Executives" by Jeanne Bell Peters and Elizabeth Schaffer and "Quickbooks for Nonprofits" by Christine L. Manor.

Support Aspiration!

Aspiration is a 501(c)(3) nonprofit organization and if you are a U.S. resident, your contribution is tax deductible. Our tax returns are also available at Guidestar.

Follow us on


facebook logo twitter logo flickr logo youtube logo

Upcoming Events

Nonprofit Management and Operations Blog Monthly Archive

You'll also find these links at the bottom of each post.

Aspiration Privacy Policy
Aspiration site by Floatleft and Backspace
Powered by Drupal
Creative Commons License