Basics of Fund Accounting?

Answer Fund accounting is a way to separate money and other resources into categories based on the source of funds and any restrictions on the use of those funds. Organizations use fund accounting to trac... Read More »

Top Q&A For: Basics of Fund Accounting

Accounting Basics on Debits & Credits?

Accountants live in a world of debits and credits. They record every financial transaction using debits and credits and refer to account balances using these terms. Anyone considering a career in t... Read More »

The General Ledger in Accounting Basics?

The General Ledger is the principal record of a business' operations and financial position. The general ledger consists of a number of accounts that provide information regarding the profitabilit... Read More »

Careers in Fund Accounting?

Fund accountants use business, economics and finance skills to record and report financial data, manage risks inherent in business transactions and ensure that internal controls and processes are a... Read More »

Fund Accounting Software for Churches?

Churches have specialized accounting needs, requiring fund accounting software to track data about their financial activities. Off-the-shelf business accounting software will not meet these needs.