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Nonprofit Development, Meet Accounting pt 1

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Manage episode 337715165 series 2923055
Content provided by Build Consulting. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Build Consulting or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Nonprofit organizations often enter and manage key financial data in places other than their accounting system—and require that the data flow into the general ledger.

But getting the data from those systems—for managing fundraising, membership, grants, or services—into the accounting system is rarely as straightforward as we would like it to be.

In this episode part 1, three of Build’s experts lead a discussion on how nonprofit development and accounting teams can better work together in managing financial data.

The Questions

We shared our thoughts in answer to the following questions:

  1. What are the differing viewpoints or priorities of Development and Accounting when it comes to managing financial data?
  2. How can we resolve misunderstanding between Development and Accounting about how to categorize gift records?
  3. Our chart of accounts is currently very complex and confusing, which makes it very difficult to map gift records to the GL for integration. Is there a solution?
  continue reading

68 episodes

Artwork
iconShare
 
Manage episode 337715165 series 2923055
Content provided by Build Consulting. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Build Consulting or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Nonprofit organizations often enter and manage key financial data in places other than their accounting system—and require that the data flow into the general ledger.

But getting the data from those systems—for managing fundraising, membership, grants, or services—into the accounting system is rarely as straightforward as we would like it to be.

In this episode part 1, three of Build’s experts lead a discussion on how nonprofit development and accounting teams can better work together in managing financial data.

The Questions

We shared our thoughts in answer to the following questions:

  1. What are the differing viewpoints or priorities of Development and Accounting when it comes to managing financial data?
  2. How can we resolve misunderstanding between Development and Accounting about how to categorize gift records?
  3. Our chart of accounts is currently very complex and confusing, which makes it very difficult to map gift records to the GL for integration. Is there a solution?
  continue reading

68 episodes

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