The Most Popular Outsourced CFO Services

The Most Popular Outsourced CFO Services

Outsourced CFO services are one of the services most hired by business owners. Outsourcing is a cost-effective and efficient option for businesses and nonprofit organizations. Learn more about the most popular outsourced CFO services below. What is an outsourced CFO?...
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...
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...