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.
Hiring a professional accountant is a imperitive for a non profit. Therefore when you are choosing your fund accounting software, you need to check with your accountant and ensure that you will be able to download information for your taxes that they can use in their own application.
A fund accounting software tip: this doesn't mean that you are locked in to Peachtree or Quickbooks since many accounting software products sell modules that crossover between various accounting products.