by coil_m | Mar 21, 2022 | Bookkeeping
Many experts now say focusing too much on low overhead can hurt your mission because you underinvest necessary tools and talent. Your specific needs might vary—organizations with government contracts might require bigger reserves to handle payment delays. Six months... by coil_m | Dec 20, 2021 | Bookkeeping
Invoices are legal documents and should have your organization’s logo, name, address, email, phone number, invoice number, and date. They should also include the donors’ information and a list of goods and services. When managing payroll for a nonprofit, bookkeepers... by coil_m | Nov 24, 2021 | Bookkeeping
In general, you should try to keep this ratio above 75% to maintain a healthy balance for your organization and in the eyes of the public. Ensure your process includes appropriate approval steps for different types of changes while maintaining enough flexibility to... by coil_m | Aug 16, 2021 | Bookkeeping
To anchor their annual salary, they must take their hourly wage, multiply it by the number of hours worked each week, and then by the 52 weeks that compose the year. For hourly employees, this method provides a framework for understanding potential full-time earnings.... by coil_m | May 4, 2021 | Bookkeeping
We wanted to get their opinion about how simple the software was to use and that, according to recent users, the companies provided satisfactory customer service. Kashoo is a great choice for small business owners who want straightforward accounting software that is... by coil_m | Apr 26, 2021 | Bookkeeping
While they are little things that not many people think about, your business thrives on these tiny details and therefore you are able to have tax deductions on them. In California, the average effective property tax rate is only 0.68%, but the median property taxes...
