If you earn above £10,000, you must submit an Annual Return to the Charity Commission within 10 months after the financial year has ended. Accounts must […]

Depreciation doesn’t correlate with a business’s cash flow, which can make it a confusing concept. Instead, the depreciation calculation is made and entries are recorded into […]

While nonprofits call the difference between their assets and liabilities “net assets,” for-profits refer to this term as “equity,” which represents the ownership interest or stake […]

Each element must align with the services provided to ensure proper reimbursement. During claim preparation, billers scrub claims to ensure all procedure, diagnosis, and modifier codes are present […]

As long as a sale of an investment or a piece of property relates to tax-exempt purposes, a nonprofit doesn’t have to pay capital gains tax. […]

The former adds next-day direct deposit and many more scheduling and time tracking capabilities, while the latter comes with a dedicated support manager, compliance alerts and […]