Nonprofit bookkeeping

The story of a nonprofit’s bookkeeping challenge

The story of a nonprofit’s bookkeeping challenge

If you are like most nonprofit businesses, you are keenly aware of the financial and bookkeeping challenges it takes to successfully run your business. A nonprofit’s day to day operations are the same as any other business but you need to make especially smart hires...

Schedule Your FREE Consultation to Receive $100 off  Financial or Bookkeeping Services from Capital CFO

Schedule Your FREE Consultation to Receive $100 off Financial or Bookkeeping Services from Capital CFO

At Capital CFO, we have one goal in mind, we want to work in your business so you can work on it. We work with a number of businesses throughout Saratoga, Clifton Park and the Glens Falls area.  All of our services are virtual, making it easy to help you run your...

What Can I Expect When I Outsource my Bookkeeping Services with Capital CFO?

What Can I Expect When I Outsource my Bookkeeping Services with Capital CFO?

When you work with Capital CFO, you’ll experience a number of benefits that will make your life easier as a business owner. Here are just a few benefits you can expect when you outsource your bookkeeping and financial services with Capital CFO: Boutique Experience...

Top 6 Reasons to Outsource your Bookkeeping

Top 6 Reasons to Outsource your Bookkeeping

If you’re a small business owner or nonprofit leader looking to save both time and money, there are a number of reasons why outsourced bookkeeping may be a good idea. Here are six benefits to outsourcing your bookkeeping: More time for your business. Because there’s...

Role of a CFO

Role of a CFO

Your CFO  is not only responsible for a company's finance and accounting function, they need to also be a a strategic partner who can help analyze a business’s strengths, weaknesses, and will assist in putting together a strategic plan. A CFO should be a forward...

The Difference Between Bills,  Invoices and Statements

The Difference Between Bills, Invoices and Statements

As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...

Presenting financials

Presenting financials

After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....

Tracking for grants

Tracking for grants

Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...

Bookkeeping

Bookkeeping

Bookkeeping is keeping an accurate recording of a company's financial transactions. And although technology and accounting software has greatly eased the process, having a reliable and experienced bookkeeper is the first step in financial management. Financial...

The Purpose of Financial Statements

The Purpose of Financial Statements

Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...