-
Recent Posts
Recent Comments
Archives
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- January 2012
- September 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
Categories
- 501(c)3
- Accounting
- Aplos
- Bank
- Board of Directors
- Church
- Church Plant
- Compensation
- Contributions
- Excel Tips
- Form 990
- Fund Accounting
- Fundraising
- Internal Controls
- Legal
- Loans
- Non-profit
- Organization
- Payroll
- Software Conversion
- Starting a Business
- State Nonprofit Requirements
- Tax
- Uncategorized
- Volunteers
- Web-Based
Category Archives: Internal Controls
Year-End Accounting Procedures
It’s that time of year again. Organizations, including nonprofits, must wrap up their books and make sure everything from payroll to accounts payable are in order to close the books for the year. For the non-accountant that is managing the … Continue reading
Posted in 501(c)3, Accounting, Church, Form 990, Fund Accounting, Internal Controls, Legal, Non-profit, Organization, Payroll, Tax
Tagged 501(c)3, accounting software, Aplos, Church, church accounting, church accounting software, Contributions, Filings, Form 990, Fund Accounting, fund accounting software, nonprofit accounting, not-for-profit accounting, simple accounting software, Tax Exempt, year-end procedures
Leave a comment
Accountants Review Aplos Software
Word continues to spread about Aplos Software and we have seen a growing number of accountants and bookkeepers test the software and share their expert opinion. CPA Practice Advisor recently included Aplos Software in their recommended nonprofit accounting software special … Continue reading
Posted in 501(c)3, Accounting, Aplos, Church, Fund Accounting, Internal Controls, Non-profit, Tax, Uncategorized
Tagged accountant recommendation, accounting software, audit, certified public accountant, church accounting, church accounting software, cpa, Filings, Fund Accounting, internal controls, Nonprofit, not-for-profit accounting, product review, simple accounting software
Leave a comment
Pastor’s Housing Allowance
It’s important to account for a minister’s housing allowance correctly and educate your clergy on the tax implications of being self-employed. This blog illustrates two scenarios for minister’s housing allowance. One results in no self-employment contribution tax and the other generates a self-employment contribution tax liability that is the responsibility of the minster or clergy. Continue reading
Posted in 501(c)3, Accounting, Aplos, Board of Directors, Church, Internal Controls, Organization, Web-Based
Tagged are minister’s tax exempt, church compensation, clergy self employment tax, do ordained ministers pay taxes, housing allowance for ministers, housing compensation, minister housing allowance, pastoral housing allowance, paying self employment tax, taxable housing allowance for clergy
Leave a comment
Nonprofit Board Policies
It’s important to write good board policy for your nonprofit and to also review that policy on an annual basis. Continue reading
Employee Business Expenses
Creating a reimbursable expense policy is important to any nonprofit. This blog provides detailed information on what’s required in your nonprofit’s reimbursable expense policy. Continue reading
Posted in 501(c)3, Accounting, Aplos, Board of Directors, Church, Compensation, Fund Accounting, Fundraising, Internal Controls, Legal, Non-profit, Organization, Web-Based
Tagged 501c3, accounting, business expense policy, employee expense reimbursement policy, employee reimbursement policy, employee travel expenses Travel expense report, example of travel expense report, expense account, IRS rules on business expense reimbursements, Non profit accounting software, reimbursable expense accounts, travel and expense policy, travel expense policy, travel expense reimbursement, Travel expenses
Leave a comment
What is an Impact Statement?
Creating an impact statement helps nonprofits measure they’re success and stay on task. This blog gives several examples of different nonprofit’s impact statement. Continue reading
Posted in 501(c)3, Accounting, Aplos, Board of Directors, Church, Fund Accounting, Internal Controls, Legal, Non-profit, Web-Based
Tagged accounting software, church accounting software, fund accounting software, How to write an impact statement, Impact statement example, Impact statement template, Non profit accounting software, nonprofit accounting software, simple accounting software, Writing an impact statement
Leave a comment
Protecting Cells from Changes in Excel
Protect your spreadsheets from unwanted changes. This easy to follow blog gives step by step directions for protecting the entire Excel spreadsheet or specific cells from being edited. Continue reading
Posted in Accounting, Excel Tips, Internal Controls
Tagged accounting software, church accounting software, Excel, fund accounting software, how do I protect cells from being changed, internal controls, Non profit accounting software, Protect worksheet, protecting your spreadsheet, simple accounting software, turn off protection, unlock cells, unlocking cells in excel
Leave a comment
Fixed Assets Journal Entries
Good stewardship of funds includes tracking your assets. We want to help your organization get started and provide this simple explanation of “equipment” as an asset and how to start tracking your equipment. It’s important to track your assets because disposing of an asset can create a taxable event. Assets are also considered when applying for a loan. Continue reading
Posted in 501(c)3, Accounting, Aplos, Church, Form 990, Internal Controls, Non-profit, Organization
Tagged 990, accounting software, accounting software for churches, Aplos, Church, church accounting software, church financial software, example of a depreciation entry, example of an equipment entry, examples of accounting journal entries, fixed asset inventory, fixed asset tracking, Form 990, Fund Accounting, fund accounting software, how to track assets, internal controls, Non profit accounting software, Nonprofit, nonprofit accounting software, nonprofit financial software, protecting your assets, simple accounting software, track asset, tracking fixed assets
Leave a comment
Example of Accounting Journal
Here is an example of a general ledger journal entry log to track your accounting journal entries. It’s easy to copy and customize. Continue reading
Posted in Accounting, Internal Controls, Payroll
Tagged accounting software, church accounting software, customize this journal entry description log, Example of a depreciation expense entry, example of a payroll general ledger entry, example of accounting journal entry, fund accounting software, general ledger journal entries, internal controls, Month end closing procedures, Non profit accounting software, nonprofit accounting software, simple accounting software, tracking general ledger entries
Leave a comment
Effective Internal Controls
Mandating vacation is also good financial management. Unpaid vacation (that is vacation earned but not taken) should be accrued and can grow into huge expenses for a small organization if allowed to build up. Nonprofit accounting software can only do so much to protect your organization from fraud. Implement effective internal controls. Continue reading
