How Effective Nomisma Bookkeeping Software for Charities?by Vidit Agarwal NOMISMA - Excellent Small Business Accounting Soft
In a charitable trust, the treasurer and the financial secretary are accountable for financial aspects of the charity. The main job of treasurer is to create financial reports, forms of tax, budget and the ledger preparation. Nomisma is an excellent bookkeeping software for charities.
Accounting software for nonprofits
The main job of a non-profit organisation is the accomplishment of a goal. In the world of business, an enterprise whose main motive is to earn profits is engaged in some business so as to offer the owner of the business some return on his investment. The profit-making company is responsible to its shareholders.
A non-profit organisation like a charity is fully committed towards its board and the mission of the charity. Therefore, the needs of bookkeeping of a non-profit organisation is totally different. The main reason for this is its dependability on the trust of the public and its status of tax exemption.
Therefore, for a charity, choosing the correct bookkeeping software is a tedious task. In some operations related to the finance, the accounting work of a non-profit organisation is similar to the for-profit company. For effective functioning, all companies required to be in sound financial health.
A non-profit firm such as a charity always want to remove or minimise its operating losses. The main reason of this is if the charity has limited resources, then it is not able to accomplish its objective. In bookkeeping the main emphasis is given on proper recording of those transactions which are financial in nature.
Nomisma all in one bookkeeping software for charities
Nomisma bookkeeping software is developed specially for the non-profits and the charities. The best thing about Nomisma is that you can customize this software to fulfill the financial requirements of your charity. This bookkeeping software is an excellent option for bookkeeping of non-profits organisation.
The subscription model of Nomisma comes with various features which you required for the accounting for non-profits and the charities. Apart from that you can also include some extra items in Nomisma. This bookkeeping software is very simple to use. It is a cloud-based software and you can easily access Nomisma bookkeeping software from any PC, smartphone and tablet.
The main benefits of Nomisma bookkeeping software are following:
§ Accounts Receivable
§ Accounts Payable
§ Customized and accurate reports
§ Journal entries
§ Check register for entries of transaction
§ Maintenance of account for handling your accounts
§ Simple data entry for charities
§ Helps in keeping a track of the individual contribution by a person
§ Printouts of statements
§ Bank reconciliation statement
Nomisma bookkeeping software is an asset for the non-profits organisations and the charities. It also has a module for the payroll management. A typical accounting or bookkeeping software is not sufficient for the nonprofits. The nonprofits require a bookkeeping software like Nomisma which can offer complete transparency when expenses, reports, invoices and revenue are concerned.
Nomisma bookkeeping software is a wonderful option for the large and the small non-profits, and the charities etc. Nomisma is a robust and beautifully designed bookkeeping software. Its subscription-based feature is best for the non-profits and charities who searching for a low-cost nonprofit bookkeeping and accounting software solution.The affordable cost, strong security and robust features of Nomisma bookkeeping software makes it an ideal option for the non-profits and the charities who want to handle their expenses and the donations.
Created on Jun 14th 2018 08:57. Viewed 46 times.