Accounting Principles Accounts Payable Invoicing Reconciliations 
The Charity CFO
FEBRUARY 4, 2022
Nonprofits must maintain thorough and accurate financial records to comply with both Generally Accepted Accounting Principles ( GAAP ) and maintain their tax-exempt status with the IRS. Create invoices for goods, services, and donations. Enter bills and vendor invoices. Prepare bank reconciliations. Invoicing .
Spreadym
JUNE 19, 2023
Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. Implement efficient invoicing processes, offer incentives for early payments, and promptly follow up on overdue payments to minimize the risk of cash flow gaps.
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