Ramapo College Textbooks > Nonprofit Bookkeeping and Accounting For Dummies

Nonprofit Bookkeeping and Accounting For Dummies 1th edition



Publisher:For Dummies

Authors:Sharon Farris, Dummies Press Staff, Farris

Buying Options Renting Options

Own it? Sell it back

Nonprofit Bookkeeping and Accounting For Dummies Description

Your hands-on guide to keeping great records and keeping yournonprofit running smoothly

Need to get your nonprofit books in order? This practical guidehas everything you need to know to operate your nonprofit accordingto generally accepted accounting principles (GAAP) — fromdocumenting transactions and budgeting to filing taxes, preparingfinancial statements, and much more. You'll see how to stayorganized, keep records, and be prepared for an audit.

  • Begin with the basics — understand common financial terms,choose your accounting methods, and work with financialstatements
  • Balance your nonprofit books — set up a chart of accounts,record transactions, plan your budget, and balance your cashflow

  • Get the 4-1-1 on federal grants — find grants and apply forthem, track and account for federal dollars, and prepare for agrant audit

  • Stay in good standing with Uncle Sam — set up payrollaccounts for employees, calculate taxes and deductions, andcomplete tax forms

  • Close out your books — prepare the necessary financialstatements, know which accounts to close, and prepare for the nextaccounting cycle

  • Know what to do if you get audited — form an internal auditcommittee, follow IRS rules of engagement, and keep an immaculatepaper trail

Open the book and find:

  • The difference between bookkeeping and accounting
  • How to maintain a manual or computer record-keeping system

  • Ten vital things to know when keeping the books

  • Do's and don'ts of managing federal grant money

  • How to prepare for an audit of your financial statements

  • IRS Form 990 good practices

  • The most common errors found during nonprofit audits

  • How to figure out employee payroll deductions and taxes

Log In

or Create an account

Employers & Housing Providers

Employers can list job opportunities for students

Post a Job

Housing Providers can list available housing

Post Housing

Log In

Forgot your password?

Your new password has been sent to your email!

Logout Successful!

You just missed it! This listing has been filled.

Post your own housing listing on Uloop and have students reach out to you!

Upload An Image

Please select an image to upload
Note: must be in .png, .gif or .jpg format
Provide URL where image can be downloaded
Note: must be in .png, .gif or .jpg format