Category: "Reporting"

What is Nonprofit Accounting Software?
April 6, 2015
What is Nonprofit Accounting Software?

I spoke recently with a prospective client that asked a simple question:  What makes nonprofit accounting software “nonprofit accounting software”?  I realized at that moment that there are software products in the marketplace that bill themselves as being “built for nonprofits” and there are others that claim to “work well for nonprofits”, but then the…

Why Doesn’t Anyone Read These Reports?
January 16, 2015
Why Doesn’t Anyone Read These Reports?

Sometimes working in nonprofit finance can be frustrating.  A tremendous effort goes into carefully planning, recording and reporting financial information to meet regulatory and funder reporting requirements and provide actionable decision support information to the organization’s management team.  What we hear very frequently is that managers in some organizations seem indifferent about the information that…

Penalties for Late Consolidated Fiscal Reports
November 18, 2011
Penalties for Late Consolidated Fiscal Reports

Do you receive payments from the New York State Office for People With Developmental Disabilities (OPWDD), Medicaid payments from the NYS Office of Mental Health (OMH), or the NYS Office of Alcoholism and Substance Abuse Services (OASAS)? If so, you’ll want to investigate late filing penalties association with Consolidated Fiscal Reports (CFR).   In the…

Charter Schools Financial Reporting:  It’s Time to Graduate from Spreadsheets
December 10, 2010
Charter Schools Financial Reporting: It’s Time to Graduate from Spreadsheets

Charter Schools have many challenges in the course of the academic year; worrying about audits and grant reporting shouldn’t be one of them.  But if your school relies on spreadsheets to manage grants, or information must be consolidated from multiple school locations, there is a large margin for error – errors that, if severe enough,…

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