article thumbnail

Fund Accounting for Nonprofits & Charities

The Charity CFO

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

article thumbnail

The best cash flow management software for business

Spreadym

Categorize and prioritize your expenses to identify essential versus discretionary spending. Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time.