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Creating a Grantor, using jobs as grants, posting receipt of grant funds, posting expenses, running the P&L by grant.

If your organization depends on grants, grant accounting should be on your radar. It can help you track grant-related revenue and expenses so that you fulfill your mission and maintain excellent relationships with donors, stakeholders, and others who are important to you. This applies for non-dilutive equity providers, university transfer ...

Grants are a significant revenue stream for many nonprofits, but they can seem overwhelming to handle. How does my organization apply for a certain grant? What does my organization need to report to the donor, and what requirements must my organization meet? Will a grant require my organization to get an audit? We’ll dive into these questions ...

This video explains the treatment for Government Grants and Assistance as specified by IAS 20

https://www.cpdbox.com How to account for government grants - this video shows you the basic entries for various types of government grants under IAS 20. ------ *Online IFRS course by Silvia, CPDbox: https://www.cpdbox.com/ifrs-kit/ *Subscribe to Silvia's free newsletter: https://www.cpdbox.com/

This session provides not-for-profit employees, board members, and other stakeholders with a basic and fundamental understanding of revenue recognition for contributions and grants in the not-for-profit environment. We review the key terminology, definitions and concepts that impact the timing and amounts of revenue recognized from ...

Does your current accounting system keep comprehensive fund accounting, audit compliance, FASB/GASB documentation? You also have the complex requirements to allocate across funds, accounts and dimensions, and need proper consolidation of multiple companies and currencies. If your nonprofit struggles with any of these, then this webinar will ...

🆓Journal Entry Free Quiz → https://accountingstuff.com/blog/journal-entry-quiz 💥Journal Entry Cheat Sheet → https://accountingstuff.com/shop 🖊Journal Entry Practice Questions → https://accountingstuff.com/practice-questions Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries ...

In this video, I'm going to explain accounting journal entries simply and concisely. I'll cover the different types of journal entries, how to make them, and when to make them. If you're a business owner or accountant, then this video is a must-watch! By the end of this video, you'll be able to understand accounting basics and make journal ...

How to account for government grants under IAS 20? In this article, we solve a practical example and the video is included, too!

💥Closing Entries Cheat Sheet → https://accountingstuff.com/shop In this video you'll learn what Closing Entries mean and I'll show you how they work using an example. We'll cover the differences between Temporary and Permanent Accounts, and a trick to remember which accounts fall into each category. You'll also see how to post Closing ...

Here I have explained the Accrual Concept of accounting in simple way. It is also known as Accrual Basis of Accounting. Introduction to Accounting - Basics Concepts https://youtu.be/xWKfKCnQqAE Accounting Concepts Whole Playlist https://www.youtube.com/playlist?list=PLVjZhvcpvcGpelA9_vfMEc1JL-GgT95w7 PDF Notes (Telegram) https://t.me ...

💥Adjusting Entries Cheat Sheet → https://accountingstuff.com/shop 🖊Adjusting Entry Practice Questions → https://accountingstuff.com/practice-questions Adjusting Entries are an essential part of the close process in Financial Accounting. This video explains what Adjusting Journal Entries are and how they fit into the big picture of ...

Write better grant proposals in 2024. Create successful grant proposals in record time with the right software and a step-by-step process.

💥Accounting Cycle Cheat Sheet → https://accountingstuff.com/shop 🖊Accounting Practice Questions → https://accountingstuff.com/practice-questions Would you like to know what Accounting REALLY MEANS? In this short tutorial we'll take 1 simple example and follow it through all 8 Steps of the Accounting Cycle - from start to finish - you ...

💥Adjusting Entries Cheat Sheet → https://accountingstuff.com/shop 🖊Adjusting Entry Practice Questions → https://accountingstuff.com/practice-questions Deferred Revenue can be a real head-scratcher. As if Adjusting Entries weren't already confusing enough... Deferred Revenue, Unearned Revenue and Prepaid Revenue all mean the same thing ...

In this accounting lesson, we explain what Income Received In Advance (Prepaid Income / Deferred Income / Unearned Revenue) is and how to journalize Income Received In Advance (Prepaid Income / Deferred Income / Unearned Revenue) as well as doing accruals adjusting entries. We also explain the accrual concept of accounting and how to do the ...

Accounting for governmental funds (basic understanding) for recording journal entries, 1-Recording the Budget, 2-Revenues & Expenses, 3-Tranfer between accounts, 4-Closing the accounts, Governmental Funds:1-General Fund (example used for discussion), 2-Special Revenue Fund, 3-Debt Service Fund, 4-Capital Projects Fund, 5-Permanent Fund, (1 ...

This video tells about what is fund accounting , what fund accountant does and basic of it. 🌐 Elevate your financial expertise! Explore our Fund Accounting Courses, insightful blog posts, and more on our website. Dive in now! 💼 https://thefundaccountant.com/

Here I have explained the concept of Deferred Revenue Expenditure in a simple way. Basic Accounting Playlist https://www.youtube.com/playlist?list=PLVjZhvcpvcGpzX-2re8U3MCVYbQzBWd06 This is for the students of CLASS 11, CA Foundation, CMA, B.COM, BBA and any other accounting courses. Clear your doubts by direct messaging us on Instagram https ...

🆓Debits and Credits Free Quiz → https://accountingstuff.com/blog/debits-credits-quiz 💥Debits and Credits Cheat Sheet → https://accountingstuff.com/shop 🖊Debits and Credits Practice Questions → https://accountingstuff.com/practice-questions Shhh, it's a secret! Not really.. In this Accounting tutorial you’ll discover the true ...

In this video I have explained how to pass basic journal entries like 1. Paid Rent 2. Paid Salary 3. Drawings Entry 4. Income Tax paid 5. Commission Paid 6. Depreciation and many more.. After watching this video you will be able to pass Journal Entries with no hassle at all. #1 How to Pass Journal Entries https://youtu.be/NP99QtgkiOQ #2 HARD ...

Let's talk about how to get a grant to start a small business. Grants are literally free money that business owners can use during their startup phase, company growth expansion phase, or for additional research and development. Apply for Small Business Funding: https://bit.ly/41mYlbF Subscribe: https://bit.ly/2HJlq46 But why in the world would ...

Halon Tax and The Small Business University present "Bookkeeping Basics". In this how to video you will learn about the basic bookkeeping fundamentals you will need in starting your business and operations until you hire a financial accountant.

Learn how to create a Grants.gov account so you can subscribe to funding opportunity notifications and apply for federal grants using Grants.gov Workspace. This video also explains how to associate a Unique Entity Identifier (UEI) with an applicant account. (Note: This is an optional step). Learn more: https://grantsgovprod.wordpress.com/

Accruals, accrued expenses, and accrual accounting. The accrual principle is used extensively in the business world, but not intuitively clear to everyone. This short tutorial provides clear and simple examples of the accruals concept and accrual journal entries, so you can contribute to the discussion in your company next time the topic comes ...

Matuto paano gumawa ng basic accounting journal entries with examples. What are the elements in making a journal entry, short discussion about debits, credits, assets, liabilities, equity, expenses and revenues. Journalizing transactions or bookkeeping. All the names and events that appear on the illustration are fictional and for educational ...

Master Financial Analysis in 30 Minutes! 🚀 Start our FREE course now and learn the basics fast. No strings attached! 👉 https://link.xelplus.com/yt-free-finance-basics In this video, we take a deep dive into the world of debits and credits, turning theory into practice! Ideal for anyone keen to understand the real-life application of ...

This video discusses the Percentage-of-Completion Method for recognizing revenue on long-term contracts in accounting. The video provides a comprehensive example to illustrate how the percentage-of-completion method is used to recognize revenue and contrasts it with the completed-contract method. — Edspira is the creation of Michael ...

This video illustrates multiple examples of journal entries that are commonly recorded at businesses. The goal of the video is to familiarize the user with the process of recording a journal entry and demonstrate how typical business activities are recorded. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went ...

In part 4 of Accounting for Beginners, we look at Accruals and Prepayments. We explain what accruals and prepayments are, whether they are assets or liabilities, and how they are treated in accounting. We also go through journal entry examples of accruals and prepayments. We do the general ledger for prepaid expense, income received in advance ...

This video explains the concept of double-entry accounting and illustrates how double-entry accounting works with an example. — Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world ...

Mastering Fund Accounting Interviews- A quick refresher, Course Launching 10th May In this video, we're going to share with you some Fund Accounting Interview Questions that are perfect for entry level positions. These questions will help you demonstrate your understanding of the basics of Fund Accounting. If you're looking for a way to improve ...

If you use Microsoft 365 I recommend to watch this series https://youtu.be/vf8F4W4eJ98 A lot of people are looking for an accounting system for a small business on Excel. And many ask: How can the journal entries be written and posted to the ledger? How can the trial balance and financial statements be prepared? Should I use formulas, or macros ...

Government grants - ACCA Financial Reporting (FR) Free lectures for the ACCA Financial Reporting (FR) Exam To benefit from this lecture, visit OpenTuition to download the notes used in the lecture and access all ACCA free resources. Access to all Financial Reporting lectures, and Ask the ACCA Tutor Forums Please go to opentuition to post ...

Free Download: IFRS 15 Journal Entry Template (no sign up needed) → https://www.cpdbox.com/5-step-model-revenue-recognition-ifrs-15-journal-entries-example/ IFRS 15 introduces the 5-step model for revenue recognition — but how does it work in practice? In this video, Silvia walks through a real-world telecom contract example where the ...

In this video we will cover the following : What is an Accrued Expense How to record Accrued Expenses These are the following journal entries for Recording an Accrued Expense Dr Expense Cr Accrued Expense When the expense has been paid Dr Accrued Expense Cr Bank/Cash Accrued Income Tutorial Link : https://youtu.be/HWeMx6_CDVo "For God so loved ...

Grant writing for a nonprofit organization? In this video I show how I’d approach a real grant application for a nonprofit. #Nonprofits #Grants #Nonprofit Whether you’re starting a nonprofit organization or fundraising for an existing nonprofit, grants are one of many options for funding or expanding special project or program. Still ...

IN this session, I explain the revenue recognition ASC 606.. Revenue recognition is a generally accepted accounting principle (GAAP) that identifies the specific conditions in which revenue is recognized and determines how to account for it. Are you a CPA candidate or accounting student? Check my website for additional resources such exam ...

Hi! This is Sir Chua's Accounting Lessons PH Lesson 022 Adjusting Entries 6: Adjusting Entries for the Sample Problem Get Handout 012 here: https://drive.google.com/open?id=1zti7hzBTqPEqA3sMBIL6sS0AQ38wrPTX Kevin Troy M. Chua, CPA *Certified Public Accountant, October 2014 *BS Accountancy *Master in Accountancy (CE Pending) *NC-III Bookkeeping ...

Are you receiving grants from the Government? In this video, Thomas demonstrates how to set up accounts within Quickbooks for recording grants received from the Government. He will also demonstrate how to reconcile these transactions within Quickbooks to ensure they are separate from your normal business sales transactions. This video will be ...

Make sure to watch the first video in the series. https://www.youtube.com/watch?v=YWbK8... Follow me on Instagram: @bryan_carreto Link: https://www.instagram.com/bryan_carreto On this channel I am not trying to sell you anything other than hard work and sweat. If you do the work and stay disciplined, I promise you that you will succeed. Please ...

Small Nonprofits often ask how they can use QuickBooks to keep track of various fund balances, even if they only have one bank account. This video shows you how to do that. QuickBooks isn't a sophisticated fund accounting program, but if you are a small nonprofit and you want the savings of using QuickBooks for your accounting needs, the ...

In this webinar, TechSoup members learned how to keep the accounting books in order for a nonprofit organization using QuickBooks. Save on Quickbooks using TechSoup's discount offer https://www.techsoup.org/search/products/quickbooks/

This video shows how to calculate the unrealized gain or loss for assets and liabilities that elect the fair value option, and the journal entries associated with the same. Feel free to leave a comment down below if you have any questions or would like to suggest a topic for my next video. Accounting FTW! Time Stamps: 0:00 Intro 0:25 When to ...

This video from Commerce Specialist explains IAS 20 Governments. Detailed explanation is given regarding what is IAS 20 government grants. Application of IAS 20, the scope of IAS 20, the main provisions of IAS 20, explanation relating to Grants related to Assets, explanation relating to grants related to liabilities. This video is relevant for ...

In this short video, I'll show you how to give your accountant access to your company's Quickbooks account online.

Making journal entries in accounting requires knowing the debit and credit rules. We use the DEALER method to remember the rules of debits and credits. This video shows examples of journal entries in accounting to record business transactions. __________ SEE ALSO Accounting Journal Entries Examples https://youtu.be/yWqJdELiyFw Recording ...

A step by step tutorial for nonprofits on recording expenses, deposits, and journal entires involving restricted funds using the classes feature in Quickbooks Full Article here: https://www.terisaclark.com/blog/how-to-track-restricted-funds-in-quickbooks-part-2-coding Are you a nonprofit leader? Get my FREE Financial Tasks Checklist here: https ...

In this webinar, member learned how to stay in compliance with generally accepted accounting principles (GAAP) for restricted grants.