The Charity CFO

JANUARY 17, 2022

Accounts Payable. Accounts payable is an account containing any outstanding bills or invoices that you haven’t yet paid. Accounts Receivable. Accounts receivable is an account containing any revenue that you’ve earned, or that was committed to you, that you haven’t yet received. Office supplies.

Nonprofit 89

Nonprofit Accounting Profit and Loss Accounts Payable 89

The Charity CFO

JULY 12, 2024

For example, a nonprofit provides a paid service to a community member and issues an invoice. The revenue from the service is recorded now, even though the invoice hasn’t yet been paid. Limitations of Cash-Basis Accounting for Nonprofits Cash-basis accounting is a simple method that’s great for new or small nonprofits.

Nonprofit 52

Nonprofit Accounting Budgeting GAAP 52

BlueLight

MAY 1, 2020

The CEO outsources accounting to a third-party accounting firm and may conduct simple FP&A. The Controller is responsible for accounting and financial reporting. The popular software tools include Bill.com for billing and invoicing, and QuickBooks for accounting and reporting.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Strategic Planning Startups 52

BlueLight

JULY 30, 2020

Billing and invoicing software: Bill.com ?—?Cloud-based For example, QuickBooks is known for its accounting capability but it also offers limited functionality for generating quotes and invoicing. Accounting ?—?Nearly Example accounting firms include Attivo Partners and Keating Consulting.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52