Forum Replies Created

  • Alexa

    Member
    May 30, 2024 at 11:51 am in reply to: Managing Operating Funds

    You could put funds in a savings account. Some are earning 4% now. Ally bank or Relay. Easy to transfer back and forth.

  • Alexa

    Member
    May 16, 2024 at 11:53 am in reply to: Banking Recommendations

    We have been very happy with Relay Financial, an online only interface. You can create numerous sub accounts and issue debit cards, virtual or physical. So easy to use. Underlying bank is Thread Bank and balances over $250k are spread out to provide protection. No cost or $30/mo for free wires and same day ACH. Support has been good too.

  • Alexa

    Member
    May 16, 2024 at 11:48 am in reply to: Recommendations for nonprofit social enterprise accounting services

    Highly second Erica’s recommendation. The group is well run, very helpful and there are many who do nonprofit accounting who might be helpful.

    There is a sample chart of accounts in the files section of the Facebook group

    Greg Bosson does training in nonprofit accounting on QuickBooks. Tech Soup offers his training. I think he also has service providers.

    Reaching out to both of those should provide some helpful leads.

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