Publisher's Synopsis
Need help with nonprofit accounting?Do you find yourself in charge of the finances for your Not-For Profit? Nonprofit Accounting for Volunteers, Treasurers, and Bookkeepers will answer real questions from people in your position.
- What is unique about accounting for nonprofits?
- What IRS forms do nonprofits need?
- How do we keep the charity's money safe?
- What are the IRS rules concerning donations?
- What is UBIT (Unrelated Business Income Tax)?
- Is the money coming into my nonprofit taxable?
- How do I fill out a form 990 ez or a form 990n?
This book is not an Accounting for Dummies, it is straight forward enough for a novice and comprehensive enough for the experienced bookkeeper. In Nonprofit Accounting for Volunteers, Treasurers, and Bookkeepers, you will find:
- Answers to questions from real people working in nonprofits.
- A breakdown of accounting terms applicable to your charity
- Help with setting up bookkeeping.
- Helpful examples and usable blueprints for donor acknowledgements, benevolence fund, and reimbursement forms.
- Reference tables, due dates, and Step-by-step instructions for filling out vital payroll forms, including: Form 944, Form 1099-Misc, Form 1096.
- Detailed explanations of unrelated business income and step by step instructions on filling out the IRS form 990t.
- Whether your organization should file IRS Form 990 N or Form 990 EZ.
- Detailed, illustrated steps on filling out the form 990n and form 990ez and related schedules.
Proper Procedures & Internal Accounting Controls
What Is Special About Nonprofit Accounting?
How Do I Select An Accounting System?
Administrative Issues
Donations, Pat I: Receiving And Recording
Donations, Part II: Acknowledgment
Donations, Part III: Other Topics
Rules For Helping Local Families And Individuals
Paying The Bills
Reimbursement Policies And Procedures
Payroll, Part I: Basic Steps
Payroll, Part II: Calculating & Filing
Budgeting For Nonprofit Organizations
Month-End Financial Requirements
Year-End And Audit Issues
Unrelated Business Income Taxes (UBIT)
Form 990 & Filing For Exempt Organizations
Appendix