Fund Accounting Best Practices for Nonprofits
For a nonprofit, managing multiple funds and grants with complex reporting can’t be accomplished with generic accounting tools and custom spreadsheets. You need accounting controls, data segmentation, audit trails, and reporting capabilities built specifically for nonprofits and associations.
Watch this recorded webinar where we will show you the latest technology solutions and accounting best practices for nonprofits surrounding:
- Developing and customizing compliant Financial Statements to meet the needs of various audiences
- Producing multi-dimensional, cross fiscal-year reports
- Establishing and forecasting budgets by business segment
- Creating a flexible Chart of Accounts that will allow you to report on any business segment
- Setting up detailed security rights to protect sensitive data and prevent fraudulent activity
- Utilizing many timesaving features that will minimize data entry tasks
- Accessing data remotely and reducing IT expenses with a hosted solution