Not-for-profit organisations require robust finance systems that can change with business demand. We explore key questions that help you interrogate whether your existing finance system meets your operational goals.
Multi-entity accounting consolidates the financial records of multiple business units under a single umbrella managed by a parent company. Discover how multi-entity accounting software can help grow your business.
Before you purchase accounting software in 2025, you’ll want to know what accounting software will need to do in 2026, 2027, 2028 – and beyond. Otherwise three years from now, you’ll be thinking, “If only our software could do X.” You might not need to use those advanced features right now. Perhaps having them today would feel like using an industrial strength power drill where a B&Q drill might suffice.
In some ways the signs are similar to if you tried to wear the same coat for several years as a growing child. The coat might get uncomfortable, some of the seams would tear, and you might soon resent the coat due to the little use you can get out of it. as much as be grateful for its use.
Financial reporting for charities is complex and everchanging. As we look forward into 2025, here are some of the key changes you should be aware of in ensuring your organisation continues to meet its reporting goals.