Nonprofit Bookkeeping and Accounting For Dummies

Your hands-on guide to keeping great records and keeping your nonprofit running smoothly Need to get your nonprofit books in order? This practical guide has everything you need to know to operate your nonprofit according to generally accepted accounting principles (GAAP) – from documenting transactions and budgeting to filing taxes, preparing financial statements, and much more. You'll see how to stay organized, keep records, and be prepared for an audit. Begin with the basics – understand common financial terms, choose your accounting methods, and work with financial statements Balance your nonprofit books – set up a chart of accounts, record transactions, plan your budg…