Nonprofit Accounting Basics for Founders, Board Members & Executives
The Charity CFO
JANUARY 17, 2022
Accrual-basis accounting requires extensive use of both accounts payable and accounts receivable to keep track of these accruals. . How it works in real-life: Let’s say you host a fundraiser in September that generates a significant number of donations. Check out this article to learn more about fund accounting.
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