Nonprofit Bookkeeping

Nonprofits aren't just small businesses with a mission. They operate under a completely different set of financial rules, and the bookkeeping that works for a for-profit business won't necessarily work for a nonprofit. If you're running a nonprofit (or thinking about starting one) here's what you need to know. It Starts With Fund Accounting For-profit businesses have one main goal: make money. Track income, track expenses, show a profit. Simple enough. Nonprofits use somethin