How to Create a Nonprofit Chart of Accounts: 3 Steps + Tips
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AUGUST 16, 2024
A chart of accounts (COA) is the foundation for all financial reporting. 3 Steps to Create a Chart of Accounts When it comes to creating your nonprofit’s COA, there are generally three steps you’ll need to follow: Decide how you’ll categorize financial data. Take an Organized Approach. Audit Your COA Over Time.
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