Impact 100 - Finance 101 for Non-Profits Deck - Page 18
Business vs . Personal Expense
• Don ’ t mix personal expenses with your business records !
Non-Profit Accounting Tips
This is an absolute
“ NO NO ” for
Use an Accounting System for Accounting & Tracking
• It is almost imperative – not only for grant purposes , but also for 990 year-end preparation and board financial reporting .
• Reconcile monthly ! Not just checking – all accounts !