Bookkeeping for nonprofits : a step-by-step guide to nonprofit accounting /
Dropkin, Murray.
Halpin, James,1953-
San Francisco, CA : Jossey-Bass,
c2005.
Includes bibliographical references (p. 235-236).
Understanding the importance of good bookkeeping. Overview of the bookkeeping function ; The accounting equation ; The chart of accounts -- Recording transactions correctly the first time. Income ; Cash receipts ; Payroll ; Purchases ; Cash disbursements ; General journal entries ; The month-end close and account analysis ; Allocating costs -- Putting it all together. Financial statements ; Operating budgets ; Cash flow reporting, forecasting, and management ; Conclusion -- Resources. Good financial management ; Setting up your files ; Alternative recordkeeping approaches ; Managing your computer system: security, backups, and other considerations ; Organization and tax issues of tax-exempt organizations ; Checklist: financial monitoring of government grants ; Excerpts from OMB Circular A-122 ; Web site resources ; Bibliography.
Nonprofit organizations