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......and accounting for charities too |
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Charities are arguably the most difficult organisations to administer and account for. If you are, or have ever been involved in running a charity, either as chief executive or or treasurer you will recognise this. Most people do not realise the enormity of the task even in the smallest of charities. A charity must account for its activities in the same way as all businesses do, but charities have another level of complication - they receive donations and the donations have to be used for the purpose for which they were gifted. Administrators must also have a way of analysing this income and expenditure. It must also of course, be transparent to any auditor. Most charity administrators struggle to extract the information they need from available financial records. go-books is the only competetively priced accounting system able to provide this extra dimension. The go-books accounting system has been designed to capture and analyse data when it is entered. Consequently income and expenditure and the balance sheet of the charity can be 'sliced' by fund, or groups of funds - exactly what a charity needs. Contact us if you would like us to show you more. |
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