Your hands-on guide to keeping great records and keeping your nonprofit running smoothly Need to get your nonprofit books in order? This practical guide has everything you need to know to operate your nonprofit according to generally accepted accounting principles (GAAP) ― from documenting transactions and budgeting to filing taxes, preparing financial statements, and much more. You'll see how to stay organized, keep records, and be prepared for an audit. <ul>
<li>Begin with the basics ― understand common financial terms, choose your accounting methods, and work with financial statements</li> <li> Balance your nonprofit books ― set up a chart of accounts, record transactions, plan your budget, and balance your cash flow </li> <li> Get the 4-1-1 on federal grants ― find grants and apply for them, track and account for federal dollars, and prepare for a grant audit </li> <li> Stay in good standing with Uncle Sam ― set up payroll accounts for employees, calculate taxes and deductions, and complete tax forms </li> <li> Close out your books ― prepare the necessary financial statements, know which accounts to close, and prepare for the next accounting cycle </li> <li> Know what to do if you get audited ― form an internal audit committee, follow IRS rules of engagement, and keep an immaculate paper trail </li> </ul>
Open the book and find: <ul>
<li>The difference between bookkeeping and accounting</li> <li> How to maintain a manual or computer record-keeping system </li> <li> Ten vital things to know when keeping the books </li> <li> Do's and don'ts of managing federal grant money </li> <li> How to prepare for an audit of your financial statements </li> <li> IRS Form 990 good practices </li> <li> The most common errors found during nonprofit audits </li> <li> How to figure out employee payroll deductions and taxes </li> </ul>

Nonprofit Bookkeeping & Accounting FD

Business & Money

Farris, Sharon

Business Development & Entrepreneurship

For Dummies

Oftentimes, those who work in the nonprofit sector wear many hats and juggle countless responsibilities, including financial reporting. Nonprofit Bookkeeping & Accounting For Dummies, 2e is packed with helpful, beginner-friendly information that gives nonprofit employees the knowledge they need to manage their finances successfully and keep accurate books in accordance with state and federal laws. Inside: <ul> <li>Understand common financial terms</li> <li>Choose the right accounting methods for your organization</li> <li>Learn the differences between bookkeeping and accounting</li> <li>Discover how to apply for, track, and account for federal grant money</li> <li>Set up payroll accounts for employees and complete tax forms</li> <li>Common errors to avoid during nonprofit audits</li> <li>Staying organized with electronic donations</li> </ul>

Nonprofit Bookkeeping & Accounting For Dummies (For Dummies-Business & Personal Finance)

Accounting

Learn the ins-and-outs of managing, funding, and handling the accounting for a nonprofit 
Nonprofits are not like other businesses. They’re special. It doesn’t matter if you’re launching a career as part of a multi-million dollar organization or a volunteer running your local little league, you’ll need special know-how to navigate the accounting practices and funding needs of a not-for-profit. Nonprofit Management All-in-One For Dummies is your guide for know-how on making a nonprofit organization operate properly. This beginner-friendly reference helps replace your shelf of nonprofit how-to books with a single reference to answer your questions on how to manage a mission-focused organization, build budgets, and raise funds while staying within the confines of the laws governing nonprofits. You'll also find advice on valuable skills like marketing that benefit your organization. Learn how to run a nonprofit organization Find funding for your organization and stay tax compliant Get a grasp on nonprofit accounting principles Market your organization and fulfill your mission 
This 5-books-in-1 Dummies guide is excellent for volunteers who step up to run a nonprofit that’s near and dear to their hearts or would-be professional non-profit managers who need advice on how to manage and grow an organization.

Nonprofit Management All-in-One For Dummies (For Dummies (Business & Personal Finance))

Loughran, Maire

Browning, Beverly A.

Diamond, Stephanie

Singh, Shiv

Connolly, Alyson

Beginner-friendly information you need to successfully manage finances in a not-for-profit organization Nonprofit Bookkeeping & Accounting For Dummies is a helpful guide for anyone who is responsible for financial and accounting operations in nonprofit organizations or needs to read and understand a nonprofit financial statement. It includes information on the basics of nonprofit bookkeeping, general nonprofit accounting principles, basic financial statements, and specific laws and regulations that govern the accounting of nonprofit organizations. With the simple guidance in this book, you'll learn how to keep accurate books in accordance with state and federal laws, even if your professional background isn't in finance. <ul> <li>Learn the basics of bookkeeping and accounting, including common terminology</li> <li>Choose the right accounting methods and software for your organization</li> <li>Apply for, track, and account for federal grants and other grant money</li> <li>Set up payroll accounts, complete tax forms, and navigate the audit process</li> </ul> Nonprofit Bookkeeping & Accounting For Dummies is the perfect, easy-to-use resource for nonprofit managers and volunteers who need to learn complex rules and regulations that govern nonprofit accounting and bookkeeping procedures.

Nonprofit Bookkeeping & Accounting For Dummies

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