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Capital Campaign Accounting
Hi All! Does anyone have a comprehensive resource for capital campaign accounting? I’m going through my first one starting this year, and I want to make sure I’m handling everything correctly. I’m looking for something like a sample COA… how to categorize certain functional expenses, and what/when to capitalize (We are building a third location for non-profit dental services.) Thank you!
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1 Reply
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Starting a first capital campaign can feel like learning a new accounting language. A separate chart of accounts can make construction costs, campaign expenses, and donor restrictions much easier to follow. I would also bring the auditor into the conversation early, particularly around capitalization. A CPA familiar with nonprofit construction projects could prevent quite a few accounting headaches later.
