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Reply To: Change Payroll Schedule

Hi Kara, A few years ago we switched to pay periods of the 15th and last day of the month. Our pay dates are then…

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Reply To: Change Payroll Schedule

Hi. I had the exact same experience and changed to bi-weekly with a time lag as already mentioned. I found that I sometimes had to…

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Reply To: Change Payroll Schedule

I agree Wade. We went from semi-monthly pay to bi-weekly pay a few years ago. The pay period ends on Saturday and the pay date…

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Reply To: Change Payroll Schedule

We also do 1st and 16th of the month, however we are all salaried employees with not a lot of review needed. But I agree…

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Reply To: Change Payroll Schedule

Hi Kara…in my experience as a Finance Director I actually liked the change to biweekly payroll with the lag (e.g. a Friday pay date for…

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Change Payroll Schedule

Our new ED wants to change our payroll schedule. We currently pay 1st and 16th with a tight turnaround for me to process – does…

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Reply To: Your input is invaluable to us!

I’d be interested in learning what a new to the nonprofit world CFO should know about fundraising. The legalities, the tax benefits. I don’t know…

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Reply To: Expense Reports

For us it depends. On travel we cover a per diem instead of reimbursements. Airfare and hotels are either on a company card or reimbursed.…

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Reply To: The offer of a $1/year lease – are there any downsides?

My advise is to explore options where government gives or sells the buildings to the NPO or has a long term lease. Otherwise the leases…

Insights
ANAFP Guide to Understanding Nonprofit Financial Statements

The Association of Nonprofit Accountants and Financial Professionals provides a good primer on audited financial statements.

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