Communication breakdowns between your not-for-profit’s development and accounting departments can lead to confusion, embarrassment and financial problems. To ensure these two functions work well together, staffers should understand that it’s normal for their numbers to differ. Development typically uses the cash basis of accounting, while accounting departments generally follow Generally Accepted Accounting Principles. Policies for communicating the receipt of grants and pledges are critical, as are regular meetings between the two teams. Contact us for details.

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