White Papers

Fund Accounting Vs. Commercial Accounting for Nonprofits

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Overview Many nonprofits use commercial accounting products initially, but once most organizations have multiple funding sources, they find that off-the-shelf accounting software will not meet their special tracking and reporting requirements. The process can grow impractical and difficult to maintain. At worst, it can open the door to costly errors and complex audits. Good fund accounting meets the complex fund tracking and flexible reporting requirements that are vital to a nonprofit's continued ability to serve its community.

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Publisher: Sage Software
File Format: PDF
Date Published: Oct 18, 2005
Format: White Papers

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