Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Fund Accounting Tips and other Accounting Software topics.
Management of fundraising is a huge part of becoming a successful non profit organization. Fund accounting software needs to be able to track multiple donors and contributions so that your non profit can maximize your donor base.
Your fund accounting software should also be able to track gifts and acknowledge their receipt and your organization's appreciation.
A fund accounting tip: if your company engages in pledge drives or in matching programs, you want to make sure you select a software package that can incorporate these aspects of fund accounting so you can maximize efficiency and eliminate excess costs.
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Sherril Steele-Carlin |