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Reply To: QuickBooks setup for Government Funding tracking
If you are working with just a few government grants, classes and projects can be configured to track them in Quickbooks. If you have a…
Reply To: QuickBooks setup for Government Funding tracking
<div>Below is a link to a compressive YouTube video on nonprofit accounting. Even though the video presentation is with QuickBooks Desktop, many of the concepts…
Reply To: Financial Infrastructure Needed to Support Government Funding
The initial infrastructure financing is provided by equity and loans, in proportions and at costs that vary greatly depending on the risks assumed directly by…
Reply To: QuickBooks setup for Government Funding tracking
Use your QuickBooks Online projects are to track the profitability of your projects. You can add project income, expenses, and labor costs and run project-specific…
Reply To: Communicating with funders when funding is delayed
Talk with your opposite entity contract manager, assuming there is a signed contract with payment terms and cancellation notice clauses, ask why payment is held…
Reply To: Financial Infrastructure Needed to Support Government Funding
Cost allocations are especially important for maximizing revenue from cost reimbursement grants. Developing and consistently executing allocations requires time and expertise which a small nonprofit…
Reply To: Financial Infrastructure Needed to Support Government Funding
An organization needs to have reliable financial systems. I use ADP for payroll and Quickbooks Online ($75/year from Quickbooks.) Quickbooks works up to about $2M-$3M…
QuickBooks setup for Government Funding tracking
We use QuickBooks Online. Does anyone know of a resource that helps us set up our books for government funding compliance?
Financial Infrastructure Needed to Support Government Funding
I’m a consultant working for several small NPO and am frequently asked if they have adequate financial resources to apply for government funding. Some of…
Communicating with funders when funding is delayed
When funds via contracts are delayed, what are your top strategies for effectively communicating with the funders about the effects on your objectives/deliverables and asking…