Who you, a Guru? After you read these 88 Accounting Software tips, you'll be one. But we're looking to recruit a Guru to blog, write a 101 tip Accounting Software book, and become a leader of this community.
Hot topics for both consumers and webmarketers on WebmasterRadio.FM
Every Wednesday, 4PM Eastern.
October 6, 2006, Newsletter Issue #35: Understanding Non-Profit Accounting
1
Tip of the Week
A non-profit organization's objective is not to generate profit like a traditional commercial corporation. Non profits are usually funded through a combination of private and public donations (some of which may be from government sources. Non profit organizations can generate income through commercial activities, but the degree to which they are allowed to do this may be limited by federal or state regulations.
Non-profit accounting, or fund accounting, differs from commercial accounting because they have different purposes and goals. Non profit accounting software needs to offer the most effective means of recording and tracking sources of funding, and the distribution of the funds.
2
About LifeTips
Now one of the top on-line publishers in the world, LifeTips offers
tips to millions of monthly visitors. Our mission mission is to make
your life smarter, better, faster and wiser. Expert writers earn dough
for what they know. And exclusive sponsors in each niche topic help us
make-it-all happen.
LifeTips is part of ideaLaunch, the hub for a group of websites offering
solutions that help clients improve mind share, market share and profit online.
