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Salesforce logoIn an earlier blog post, we showed you how to increase last year’s giving total for ALL your contacts by 10%. Oftentimes, this standardized increase will help you achieve a specific fundraising goal set by your team.

In some cases, you might have a select group of donors that you’d like to increase well above the standard, perhaps by 25%, 50%, or even more. This is common practice for organizations using moves management.  

In this blog post, we’ll teach you how to create a calculator

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The following article was originally featured on the Nonprofit PRO website, December 2016.

The impact of nonprofit organizations in changing lives and communities for the better can never be fully calculated.

The wonderful goodness of combining the resources of knowledge, ability, funding, and delivery of service, in order to accomplish good - optimal assistance and transformation - is something nonprofit employees, funders, donors, advocates and volunteers should be proud of.

It could be said

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Salesforce logoSometimes it’s the little things in life that make all the difference.
A friendly smile, a warm, sunny day,
a Salesforce formula that generates immediate results.

Yes, a Salesforce formula.

As an example, let’s say your nonprofit is looking to raise 10% more than it did in the previous Calendar Year.
How can you quickly and easily capitalize on the tools Salesforce provides, and take your giving to the next level?

Salesforce’s NPSP roll-up capabilities provide us with a field that is the

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Fraud word graphic 

I recently moderated a session at an association meeting “The Role of Internal Controls in Preventing Bank Fraud”.   The speakers included a Bank Examiner, a CPA and the CEO of a nonprofit agency.  They provided a nice balance of different points of views and resulted in a good discussion.

Internal and external vulnerabilities

One thing quickly became apparent, there are really two avenues for bank fraud, internal and external, and there are different activities or functions that a

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Thirty years ago the typical nonprofit relied on the paper memo to communicate with their employees, and letters or cards for their constituents.  Twenty years ago email began to appear at least for internal communication, and ten years ago instant communication came on the scene.

Now we have a plethora of options, social media- Facebook, Twitter and Google Hang Outs, message systems like “What’s App”, stand-alone message boards, imbedded message systems and yes we still can use email and

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Survey Says! Opportunities Abound for Organizations to Improve Endowment Management

AccuFund recently commissioned publisher Nonprofit PRO to survey its readers (nonprofit finance professionals and top organization management) to benchmark the methods used to manage endowment accounting.  With 272 endowment professionals responding, the vast majority of organizations (83%) manage endowments less than $100 million.

Opportunities Abound!

In spite of endowment management solutions available, only a

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We’re always looking for ways to make AccuFund easier for you to use – creating features that let you complete tasks fast and get to the information you need more quickly so that you can turn your attention to more important matters.

At our last user group meeting we shared 10 ways AccuFund can make routine tasks easier to execute.  What follows is a brief description. You may also download a handy tip sheet to have on hand for when you need to perform these tasks

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seals

AccuFund primarily concerns itself with security and fraud prevention in its accounting products and takes that responsibility seriously.  Separation of duties, auditability and control are all considered in the design of the system.


If you are a senior financial person in your organization you may be expected to think more broadly about security and fraud including your website and the safety of website donations with credit card information.  One way to give your donors confidence is to

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Attending AccuFund User Group Meetings offer multiple benefits.  It's your chance to see what's coming in terms of features and functionality, to increase your efficiency with AccuFund, and network with other nonprofit professionals using AccuFund.

We look forward to the AccuFund User Group Meetings because it's our chance to see you in person and tap your experience for ways to make the solution better.

There are four locations for the 2014 AccuFund User Group Meetings and an online meeting

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The good news is you have multiple grants funding your mission.  The bad news is tracking and reporting on grant budgets can make anyone’s head spin – especially if grants cover multiple fiscal years and you’re using spreadsheets for tracking and reporting for your nonprofit.

Difficulties creep in when trying to match the grant year reporting with your fiscal year reporting.  Or the anticipated spending was either accelerated or delayed.  Perhaps you hired staff based on the grant and

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When Rancho Simi Recreation and Park District replaced their accounting software system with AccuFund Online hosted solution, they immediately gained 750 hours a year time savings.  On average, Rancho Simi Recreation and Park District creates 125 purchase orders each month.  They estimate AccuFund Online saves them about a half hour for each one.  That's 62.5 hours saved each month, or 750 hours per year - that's over 18 weeks!

But that was only a start to the efficiencies gained from

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Your staff is on edge.  You’re exhausted and stressed.  The only thing you can think about is getting through month-end.  

If that sounds familiar, read on, because while it’s not unusual for us to come across nonprofit accountants who experience the professional equivalent of going under house arrest during period-end closes; it is completely unnecessary.

Painful closings are a symptom of inadequate accounting systems.  Inadequate systems make your life harder, not easier. 

Beyond

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It may not be at the top of your priority list but regular system reviews are key when it comes to ensuring that you are getting the most out of your investment.

Your financial systems are the bedrock of responsible stewardship and organizational transparency.  In addition, access to financial data when evaluating grants, applying for new grants, determining fundraising campaign effectiveness, tracking operational expenses, etc., is critical to serving your constituents now and in the

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Implementing best practices is the gift that keeps on giving.  Best practices incorporated into the workflow of your nonprofit system helps you work smarter and usually faster that makeshift manual activities.

When best practices are combined with automation and offer a significant savings in time and money – that’s the best possible scenario, and going paperless is an activity that delivers each of those benefits.

We saw such positive results with clients that we recently conducted a

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AccuFund has been working for many years with some large non-profits and foundations that require endowment accounting capabilities.  Our Allocation Management module was developed for two specific purposes, allocating indirect costs for grant-funded organizations and nonprofits with endowments that need to allocate income and expenses to named funds.  Our first endowment client started using AccuFund in 2004 and they continue to use it successfully today. 

We have added a number of endowment

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Nonprofits have more choices than they did a few years ago when it comes to operational software.  If you are shopping for new accounting software there’s a new consideration beyond features and functions:  is the best choice a cloud solution, a hosted solution or an on-premise solution?

  • On-premise is the traditional method of housing your software.  You license a solution that is installed on a server that resides physically within your organization. 
  • A hosted solution means that you
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Savvy donors want to make sure their gifts are being used properly and that the organizations they choose to champion are fiscally responsible and transparent.  GAAP compliance allows not only donors, but also creditors and other stakeholders, to view financial data in a format that is consistent from organization to organization.  

When it comes to GAAP Expense Rules, there are three things nonprofit organizations should be aware of when creating financial reports:

  1. Expense should be
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Representative Payees are government agencies, nonprofit organizations or a relative or friend who is appointed by the Social Security Administration to handle the Social Security matters of beneficiaries who are not able to handle their own financial affairs.

The SSA defines the responsibilities of the Representative Payee as:

• Determining the beneficiary's total needs and using the benefits received in the best interests of the beneficiary.
• Maintaining a continuing awareness of the

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Cloud Computing is at the top of the list for almost all organizations looking for their next fund accounting and donor management and fundraising systems – and for good reason. Cloud computing is the most revolutionary technology development since application software (once only available for mainframe computers) became available for personal computers and landed on the desktops of end users.

There are several hugely compelling aspects to cloud computing – in many cases it comes

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Your fundraising results are crucial to your mission. Development Directors that can put technology to work employing an easy-to-use and affordable fundraising system are going to see better results than those burdened with manual processes.

When looking for a new system there are two costs that go into your purchase – the cost of the software and the cost associated with implementing the software. AccuFund CRM software will require an implementation fee, but there is no cost for the

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Why should nonprofits be interested in cloud accounting?

There are significant savings to be enjoyed by emptying out your server room and putting the money you used to pay in maintenance and upgrades towards your mission.

The cloud, through economies of scale, offers state-of-the-art security, disaster recovery, and guaranteed uptime.

Budget-friendly subscription pricing combined with anytime, anywhere access gives your organization the agility it needs to focus on your mission in the most

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Would you like to decrease the amount of time an effort that goes into your period-end close? Would you like more reporting options? Or the ability to upload large numbers of contributions at one time?

Then you might want to take a closer look at AccuFund Accounting Suite.

We are proud to report that AccuFund Accounting Suite received five out five stars in the all categories reviewed by the CPA Practice Advisor including: Basic System Functions; Core NFP/Fund Accounting Capabilities;

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I recently read with interest an article by Gene Marks about how to make your CRM installation a success.  One of his points I thought applied equally well to your accounting system and that was "Invest in a Administrator".  I have repeatedly seen this be the difference between failure and success in client installations.

Like the CRM system that Gene is talking about, you make a significant investment in your accounting solution and it is a critical part of your organization, be it

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