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What growing nonprofits need from a bookkeeping software & financial tools

Accounting Seed

What growing organizations need more than nonprofit bookkeeping software is a central accounting platform that simplifies your work day. As a nonprofit with heavy reliance on government funding, not being able to see, in real-time, if they were under or over budget was a critical component for being financially resourceful and secure.

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Accounts payable vs. accounts receivable: What are the differences?

ThomsonReuters

GAAP for accounts payable and receivable The Generally Accepted Accounting Principles (GAAP) are a set of rules specific to the United States that are designed to provide oversight for accounting practices. Accounts receivable are considered current assets and are listed on the balance sheet. Is billing AP or AR?