How to create recurring transactions in QuickBooks Online
QuickBooks Online saves time and improves accounting accuracy in numerous ways. One example is its support for recurring transactions.
SEK Admits New Member of the Firm
FOR IMMEDIATE RELEASEJanuary 4, 2021 SEK Admits New Member of the Firm
Valuing noncash donations: A cheat sheet
Many not-for-profits experience a flood of last-minute donations at the end of the year. Although cash is easy to value, valuing noncash property donations is trickier. If you’re struggling to assign amounts to contributions — either for a donor or your own records — review this cheat sheet.
Ring in the new year with a renewed focus on profitability
Some might say the end of one calendar year and the beginning of another is a formality. The linear nature of time doesn’t change, merely the numbers we use to mark it.
The Balanced Scorecard approach to strategic planning
In the early 1990s, the Balanced Scorecard approach to strategic planning was developed to enable business owners to better organize and visualize their objectives.
How to keep your nonprofit’s members in the fold
If your charity or association depends financially on membership fees, you know that non-renewals are cause for concern. During this time of economic and occupational insecurity, you may be experiencing membership drop-offs and some anxiety about your organization’s future.
Maryland Governor Hogan Announces Distribution of Additional $180 Million in Relief Funding for Families & Small Businesses
In a COVID-19 update press conference on Thursday, December 17, Maryland Governor Hogan announced the distribution of an additional $180 million in relief funding for families and small businesses, including:
With a flick of the switch: Build an on-off mechanism into your estate plan
When planning your estate, it’s critical to balance estate tax planning and income tax planning.
Nonprofit endowments require knowledge and resources
If the events of 2020 have taught not-for-profits anything, it’s that financial reserves are essential to long-term survival. An endowment is different from operating reserves and generally is designed to provide steady income to a nonprofit while its core investments grow untouched.
Rightsizing your sales force
With a difficult year almost over, and another one on the horizon, now may be a good time to assess the size of your sales force. Maybe the economic changes triggered by the COVID-19 pandemic led you to downsize earlier in the year.