Remove Accounting Principles Remove Budgeting Remove Financial Reporting Remove General Ledger
article thumbnail

The Basics of Nonprofit Bookkeeping

The Charity CFO

Nonprofit bookkeeping is the process of entering, classifying, and organizing financial data for the purpose of creating accurate financial records for your organization. Execute data entry to keep the general ledger current . Allocate revenue and expenses to restricted fund accounts . Determine budgets and wages.