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Farris, Sharon

Nonprofit Bookkeeping & Accounting For Dummies

Farris, Sharon - Nonprofit Bookkeeping & Accounting For Dummies, ebook

22,80€

Ebook, PDF with Adobe DRM
ISBN: 9780470523391
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Printing115 pages with an additional page accrued every 7 hours, capped at 115 pages
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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.

  • Begin with the basics — understand common financial terms, choose your accounting methods, and work with financial statements

  • Balance your nonprofit books — set up a chart of accounts, record transactions, plan your budget, and balance your cash flow


  • 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


  • Stay in good standing with Uncle Sam — set up payroll accounts for employees, calculate taxes and deductions, and complete tax forms


  • Close out your books — prepare the necessary financial statements, know which accounts to close, and prepare for the next accounting cycle


  • Know what to do if you get audited — form an internal audit committee, follow IRS rules of engagement, and keep an immaculate paper trail


Open the book and find:

  • The difference between bookkeeping and accounting

  • How to maintain a manual or computer record-keeping system


  • Ten vital things to know when keeping the books


  • Do's and don'ts of managing federal grant money


  • How to prepare for an audit of your financial statements


  • IRS Form 990 good practices


  • The most common errors found during nonprofit audits


  • How to figure out employee payroll deductions and taxes


Keywords: nonprofit bookkeeping, non profit bookeeping, nonprofit funding, non profit funding, bookkeeping software, nonprofit bookkeeping guide, non profit accounting guide, bookkeeping training, basic bookkeeping, bookkeeping help, learn bookkeeping, bookkeeping skills, bookkeeping basics, how to do bookkeeping, accounting, nonprofit accounting, nonprofit accounting guide, non profit accounting guide, accounting bookkeeping, accounting training, basic accounting, accounting help, learn accounting, accounting skills, accounting basics, accounting software, financial accounting, how to do accounting

Author(s)
Publisher
John Wiley and Sons, Inc.
Publication year
2009
Language
en
Edition
1
Page amount
384 pages
Category
General Works
Format
Ebook
eISBN (PDF)
9780470523391

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