Easy, Accurate, and Secure Accounting for Small (but Mighty) Nonprofit Organizations

As a small nonprofit organization, you face unique accounting challenges. It’s not just your mission to change the world that makes it so, but limited resources and employees too. So whether you’re tackling the books alone or outsourcing the task to a contractor, following the six accounting best practices will help your small-but-mighty nonprofit change the world. Not to mention ensure accounting that’s easier to manage, more accurate, and less vulnerable to fraud.

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A comprehensive accounting software, like Cougar Mountain Software’s Denali, should accomplish the basic but critical function of payroll. Payroll for manufactures is much more than just paying employees and calculating taxes. Processing payroll in your accounting software should also be a source of information to your other accounting needs such as tax data and filings, automated and accurate tax reports and forms (i.e. W-9 and W-2 forms), tax payment generation, employee benefit tracking, and labor, overhead, and expense costs.

Companies often approach payroll as an island of processing data which is separated from other business applications. Some even cling on to time-honored manual processes while others rely on a third party to handle payroll functions. However, today’s most cost-effective payroll systems work seamlessly with the accounting software to allow even small to mid-size companies to reap the benefits of manufacturing payroll and accounting automation.

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Enhanced payroll reporting is important for all businesses. If your business has employees, you will have payroll responsibilities.

Generating payroll means more than simply paying employees or printing W-2 forms at the end of the year. Old methods of tracking payroll expenses and tax reporting with spreadsheets and manually-prepared documents can result in very costly errors and time-consuming processes. Accounting software can take out the risk and provide a much faster approach to payroll through system automation.

As with any business, manufacturing and distribution companies must remain aligned with their senior management team and government agencies which each have specific mandates related to payroll. These stakeholders not only have specific required reports, but also mandate when they need to be generated. Your accounting software should provide payroll reports that meet these needs.

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Successfully managing your company’s collection activities is not easy task and even more difficult if you are using spreadsheets, post-it notes, or manually compiled customer lists.

In this post, we share best practices businesses need to manage account receivables as efficiently as possible to prevent cash-flow crises.

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We have been working on something big, and it’s finally here. The release of the Denali 6 with Job Cost. This release features two significant additions, Job Cost and AvaTax, along with several upgrades.

Denali now includes the Job Cost module!

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