Learning how to set up your chart of accounts for simple, successful, and consistent financial reporting can often be a mystery for nonprofits and small businesses alike. First, what is a chart of accounts and what really belongs in a chart of account? This puzzle often stop a nonprofit or small business in their tracks. A simplified chart of accounts that even the most non-financial member of their staff or board can understand is essential for success. Below are a few insights into how to begin to think about your chart of accounts.
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AuthorHi, I'm Candance Weaver. Married 29 years with a passion for nonprofit and small business success. My bookkeeping service helps liberate time and efforts, so you can focus on your mission, vision and strategic goals. Archives
March 2021
CategoriesMember of the American Institute of Professional Bookkeepers
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