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Demystifying Fund Accounting Basics for Nonprofits: A Unique Approach | # accounting challenges # fund accounting # Fund Accounting 101 # Nonprofit accountants # nonprofit bookkeeping # nonprofit bookkeeping and accounting

Demystifying Fund Accounting Basics for Nonprofits: A Unique Approach
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Demystifying Fund Accounting Basics for Nonprofits: A Unique Approach

You receive donations or grants designated for a specific purpose that you have to spend within a calendar year. For instance, if you receive a donation explicitly for cancer suffering children, you can’t use that fund for HIV or any other life-threatening diseases.
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