
How to set up a chart of accounts for your non-profit organisation
If you're managing finances for a non-profit organisation, you'll need a chart of accounts Read on to learn how to set it up.
Sage accounting software for small non-profits gives you a single place to view finances, from incoming donations to outgoing payments. Get 50% off your subscription today.
Easily view weekly and monthly budgeting, donations in, quarterly summaries and end-of-year accounts from a single place with Sage Accounting for trusts, charities and non-profits.
Every minute you spend doing your finances, you’re away from the charity work that really matters. Free up your time by reconciling transactions and donations automatically and collaborating with board members in real-time.
Out at a volunteering event? Use our cloud accounting software for non-profits to snap, capture and upload receipts instantly. Keep track of donations with one, clear place to view your finances – the Sage Accounting mobile app for iOS and Android.
Send donors sales invoices to receive donations and send tax receipts back quickly and efficiently. And Sage Accounting comes with card reader integration for effortless payments.
If you’re a registered non-profit charity, trust or society you can save up to 50% through Sage Foundation. Eligible non-profits can benefit from discounted Sage Business Cloud subscriptions to save time, reduce costs, eliminate errors, and achieve compliance.
Sage Accounting for charities helps you manage all of your finances quickly and easily from a single place. Our non-profit customers use Sage Accounting to:
If you're collecting for your charity, there are two ways to record cash donations inside of Sage Accounting. Either use the mobile app or log in online. Through our cloud accounting software for non-profits you can add the cash lodgements to the relevant account.
Sage Accounting for non-profits is easy to set up and get started. Your accountant can help you import a chart of accounts and reconcile your books.
There are plenty of ways you can save time with Sage Accounting. Here are just some examples:
Automate manual tasks
By automating tasks, you can cut down the amount of time you spend on manual data entry to save money and focus on the areas of the business that need the most attention.
AutoEntry
Spend less time on admin and more time on your charity work with a paperless way to manage receipts. Simply snap, scan or email a photo of your receipts, bank transactions, invoices or other documents for your Sage accounts using AutoEntry. Then categorise, publish and share them with your accountant through Sage Accounting. AutoEntry captures tax summaries and full line item details including description, quantity and unit price so it’s an easy way to log the information you need, when you need it.
Other ways to save time:
Get added functionality with our partner apps which integrate directly with Sage Accounting, bringing you more tools that help you get the job done.
Remove the need for data entry
AutoEntry is an intelligent, cloud-based solution which eliminates bookkeeping data entry, so users never again have to type up invoices or receipts.
Getting paid made easy
Ordo allows you to send and receive payments in real time, for a single flat fee of 20p, no matter the amount.
3 – way modelling and forecasting
Castaway is a reporting and business modelling solution that allows you to budget, forecast, analyse KPI’s, model scenarios and manage consolidations.
Make smarter decisions
Automate the way you consolidate financial, sales and KPI data with Joiin. Create great looking, detailed reports that can be accessed on any device, anywhere.
If you're managing finances for a non-profit organisation, you'll need a chart of accounts Read on to learn how to set it up.
Here’s some expert guidance to help you create and implement a strong financial management policy, no matter the size of your NPO.
Discover some key steps that your NPO might want to take to prepare for future changes in your operating environment
Learn about full cost recovery and discover why your charity or NPO needs to secure funding for all costs involved in a project.
Follow the five steps so you can explain your NPO's finances to your trustees, so they can fulfil their role of signing off accounts.
Discover how to build a resilient non-profit organisation, one that’s more sustainable when it comes to the financial side of things.
Even if you love numbers, you know there are inescapably dull accounting tasks to do if you're not using financial automation.
Learn how digital transformation can help non-profit CFOs increase donations while measuring and demonstrating the results of their organisation's work.
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