Nonprofit Bookkeeping & Accounting Services
Expenses should be allocated correctly to the appropriate programs, administration, and fundraising categories. Nonprofits should establish clear policies for expense allocation, ensuring that costs are allocated based on a reasonable and consistent methodology. No special adjustment is https://holycitysinner.com/top-benefits-of-accounting-services-for-nonprofit-organizati/ required where a restricted fund is used to account for capital assets. There are two methods of …