How Effective Nomisma Bookkeeping Software for Charities?
by Vidit Agarwal NOMISMA - Excellent Small Business Accounting SoftIn 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
§
Budgeting
§
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.
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Created on Jun 14th 2018 07:57. Viewed 699 times.