Under the Internal Revenue Code, all IRC Section 501(c)(3) organizations, includ­ing churches and religious organizations

ADDING A NEW FUND. The confusion comes from how QuickBooks is set up by default. The reports are named differently but not the chart of ac

accounting programs are designed to assist in the bookkeeping process and NOT do it for you.

A chart of accounts (COA) is an index of all the financial accounts in the general ledger

A tax exempt (Non-Profit) organization cannot be structured in any way other than to be Incorporated.

For organizations of any size, a solid understanding of your finances is important, it is especially important for small or medium and growi

There are instances when a church will need to create an expense account within their existing chart of accounts

Many bookkeepers get their start acting as a data-entry clerk or entry-level bookkeeper for a business and grow

In accounting, a standard chart of accounts is a numbered list of the accounts that comprise a company’s general ledger

For the end of the calendar year Employers must complete, file electronically or by mail employees Form W-2, Wage and Tax Statement

NonProfit organizations have specific accounting methods and laws....