The management and reporting activities of a nonprofit must emphasize stewardship for restricted funds, and the staff must be able to show that the dollars were used as directed by the donor. The emphasis on external financial reports on donor restriction has made the use of fund accounting systems even more critical. In this white paper, you'll learn how to improve expense control, budgeting, and cash flow planning. You'll also learn how fund accounting allows you to effectively record and report on restricted contributions while maintaining compliance with donor stipulations.
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