Welcome to the first edition of our NFP at Work newsletter designed to provide information of interest to our nonprofit clients. In case we haven’t met yet, my name is Jane Houle. I am the new team leader for the Non-profit Practice at Net at Work. I joined the team in late May and have since been impressed by the level of expertise and professionalism within our group.
FASB Issues New Standards for Not-for-Profit Financial Reporting
For the first time in more than 20 years, not-for-profit financial reporting will receive a much-needed makeover. On August 18, 2016, the Financial Accounting Standards Board (FASB) issued its new accounting standards for not-for-profit organizations. These rules are designed to help not-for-profits communicate their financial condition more effectively and eliminate unnecessary requirements from the previous standard.
Tips & Tricks – How to Reduce Your Office Paper
Are you looking for a way to reduce the amount of paper waste in your office? The attachment feature within MIP allows you to attach a document, image, or other file to a transaction using the paperclip icon accessible on the transaction entry and table maintenance screens. For example, you can attach an invoice, a contract, or a tax form to a particular record and view that image from within MIP.
