Your bookkeeper and your accountant do different jobs, and many organizations only find that out at tax time.
A bookkeeper keeps the records current all year: transactions categorized, accounts reconciled, reports ready. An accountant interprets those records, advises on them and...
Rent, software, a bookkeeper, insurance: these are what keep programs running. Some funders still treat every overhead dollar as waste, and that pushes organizations to under-invest in the very systems that keep them credible.
Here's something worth asking whoever handles your books: a one-page summary of your monthly numbers, in plain English.
If you can't read your financials without someone translating them, you can't lead with them. Good books should leave you more confident, not more confused.
Before a major donor writes a large check, many look up your 990. Messy or inconsistent numbers there can cost you a gift you never knew you were being considered for.
It's a compliance filing, but it's also a first impression. Worth making sure it says what you want it to say.
A volunteer treasurer with good intentions and no training can put a grant at risk without anyone noticing, until a funder asks for a report and the numbers don't hold up.
It's not a character flaw. It's what happens when nobody on the...