Accounting Principles Banking 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. Record and classify payments and bank transfers . Create invoices for goods, services, and donations. Enter bills and vendor invoices.
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.
CFO News Room
NOVEMBER 2, 2022
Sends the client an invoice or statement itemizing the fee. This is why most advisers do not collect more than $1,200 in fees per client, 6 months or more in advance, so as to avoid the requirement to prepare and publicly report their balance sheet.
Expert insights. Personalized for you.
98 
Let's personalize your content