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. When well-structured, this document can help you accurately track your income and expenses to streamline budgeting and financial reporting. Once you’ve developed the structure of the COA, all that’s left is to fill it in with your nonprofit’s financial data.
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