Nonprofit Accounting Year-End Checklist

by CL Davidson | Dec 12, 2022 | Behind the Q

Nonprofit Accounting Year-End Checklist As this year draws to a close, most people are dreaming about festive holidays and new year celebrations. However, the term “year-end” may harbor some anxiety for those in the nonprofit industry. There are seemingly...

Nonprofit Employee Holiday Bonuses: Don’t be a Scrooge

by CL Davidson | Nov 7, 2022 | Behind the Q

Nonprofit Employee Holiday Bonuses: Don’t be a Scrooge As the year winds down and the holidays approach, it’s time to consider paying your nonprofit staff a bonus. The employees of your organization have worked hard, often for less than they’re worth, so a...

Nonprofit Gift Acceptance Policies: Your FAQs Answered

by CL Davidson | Oct 10, 2022 | Behind the Q

Nonprofit Gift Acceptance Policies: Your FAQs Answered Today, gifts given to nonprofits come in various forms. They could be cash, securities, real estate, timeshares, art, or perhaps something more unconventional, like cryptocurrency donations. No matter what it is,...

The Nonprofit Accounting Cycle: 8 Steps You Should Know

by CL Davidson | Sep 20, 2022 | Behind the Q

The Nonprofit Accounting Cycle: 8 Steps You Should Know Whether you perform bookkeeping in the nonprofit or for-profit world, knowledge of the accounting cycle is a crucial asset. It helps paint a clear picture of your organization’s financial health. But, what...

Month-End Close: 3 Best Practices for Speedy Success

by CL Davidson | Aug 23, 2022 | Behind the Q

Month-End Close: 3 Best Practices for Speedy Success How long does it take to complete your nonprofit’s month-end close? According to a survey by Sage, about two-thirds of small to mid-sized businesses close their books in 15 days or less. However, 26% of those...