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The Basics of Nonprofit Bookkeeping

The Charity CFO

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. Execute data entry to keep the general ledger current . At The Charity CFO, we handle the books and all of your accounting needs.

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Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Simply by implementing a few CFO-level skills and tactics (and learning how to prove our value to potential clients), you can position yourself as someone your clients instinctively turn to as they navigate the sometimes turbulent waters of running a business.

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What is the Financial Consolidation Process in the Accounting World?

Planful

Assets, Liabilities, Equity, Revenue, and Expense accounts) from multiple general ledger systems, and mapping it to a centralized chart of accounts. GAAP or International Financial Reporting Standards (IFRS). Consolidating the data following specific financial accounting rules and guidelines, such as U.S.

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

The Centage platform includes features like ad-hoc reporting, asset lifecycle management, a general ledger, centralization, dashboards, access and version controls, cash management capabilities, and KPI tracking. Automated reporting also enforces compliance with GAAP and IFRS standards. Key features.