Accounting Principles Financial Data GAAP Invoicing 
The Charity CFO
FEBRUARY 4, 2022
But the experience, responsibilities, and deliverables required of bookkeepers are very different from those required of accountants. . A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . Create invoices for goods, services, and donations. Invoicing .
The Charity CFO
APRIL 5, 2022
Cash accounting does not comply with Generally Accepted Accounting Principles (GAAP) for nonprofit organizations. So if you expect to grow or search for new sources of funding, you’ll probably need to graduate to accrual-basis accounting. Is Accrual Accounting a Requirement For You?
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