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Hello, I have been working with the client on the "Fund Income Summary" reports (I believe these could be called “Project Income Summary" in a different type of organization). We have been using quarterly reports and have achieved good results so far…
I am working on a strata. They are making a cash call to do some major repairs and I am wondering what the best way to record these transactions is. I have worked little on this kind of accounting. Should I set up a Special Levy account and if so, where…
Hi Crowntree,
To the best of my knowledge, this is how I understand what fund accounting is from Google. Please collect me if my understanding is incorrect.
"A system of accounting used primarily by non-profit or government organizations. For these…