Approval of the annual budget is one of the fundamental building blocks of sound financial management. They also simplify monitoring financial progress and adjusting strategies as needed, proving indispensable for both new and established organizations. Explore a range of nonprofit budget templates available for download to enhance your financial planning and ensure your organization’s sustainability. […]

Every choice you make to sharpen your business finances is a step in the right direction. Bookkeeping is a unique and flexible role that should meet the needs of your business. Don’t jump to hiring a CPA just because it seems like the most traditional approach. Begin by analyzing the number of accounts how to […]

Part-year residents refer to individuals who either moved to the Catch Up Bookkeeping state and became residents or moved out of the state and ended their residencies within the tax year. June Sham is a lead writer on NerdWallet’s investing and taxes team covering retirement and personal finance. She is a licensed insurance producer, and […]

An effective operating budget ensures that nonprofits allocate their resources wisely, prioritize their activities, and stay on course toward their goals. In the world of nonprofit organizations, mission-driven success and sustainability are paramount. The ability to make a positive impact in the communities they serve hinges on effective financial management. One of the key pillars […]