I need to set up a financial book for a non profit organazation?

Question

deposits, credits,decription and balance

Answer 1

The accounting basics are the same as normal financial accounting, but make sure your advice follows all the requirements of FASB Statement of Financial Accounting Standards (SFAS) No. 116 - Accounting for Contributions Received and Contributions Made,Statement 117 Financial Statements of Not-for-Profit Organizations, Statement 124 Accounting for Certain Investments Held by Not-for-Profit Organizations and Statement 136 Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions for Others

Answer 2

I too, am very sorry for your loss and understand that grieving a pet is a sad, confusing time. I don't think there are any organizations who provide the service you are requesting. Ask your vet if you can pay him in installments for the cremation. Or perhaps you could sell off some possessions to a pawn shop to come up with $150 if this is that important to you. If you really think you must have a private cremation, then open a credit card and put the charge on there.

Answer 3

Hi Nellie,

I have written an article on my blog www.mark-gwilliam.com that should help you.

It's called the ABC of keeping a book-keeping system

Regards