Importance of Internal Controls for Nonprofit Organizations
Accounting
Creating and maintaining a strong internal control system for nonprofits is one of the most important steps that NPOs and…
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
5 Tips to Improve Cash Flow for Your SaaS Business
Bookkeeping
New customer subscriptions are the number one growth activity for almost all SaaS business owners. But with great growth comes great responsibility, especially regarding the timely…
Six Ways to Reduce Business Expenses for Your SaaS Company
Bookkeeping
As a SaaS business owner, bookkeeping probably isn't your biggest priority, nor should it be. Your focus is on running…
How Outsourced Bookkeeping Works
Bookkeeping
Small businesses have limited resources. When the business owners are heavily involved in the company's day-to-day running, they often simply…
Four Reasons Why We Recommend QuickBooks Online for Nonprofit Organizations
NPO
At Enkel, there are a lot of great reasons why we recommend QuickBooks Online (QBO) to our NPO clients. For…
Cash Flow: Ten Simple Planning Considerations
Bookkeeping
Keeping money in-your-jeans is something you have surely thought about as an entrepreneur. Yet somehow, cash seems to leave as quickly as…
How to Prepare Your Startup Finances for Fundraising Success
Bookkeeping
Raising capital is no easy feat for startup founders. But although it can take as much as 6 months of…
First Nonprofit Audit – What to Expect
NPO
Though time-consuming and expensive, nonprofit organizations are often required to conduct audits. External audit requests can be made by governing…
Eight Top Bookkeeping Tools for SaaS Companies
Technology
Regardless of your business model, accurate books are fundamental to growing your SaaS company. Not only do your books provide…
How to Calculate and Analyze Your Gross, Operating & Net Margin Ratios
Accounting
Quick Summary This article is about calculating and analyzing profit margin ratios, specifically gross, operating, and net profit margins. Each…
Seven Tips to Optimize Your SaaS Bookkeeping Process
Bookkeeping
As a SaaS founder, bookkeeping may not be your biggest priority. But if you and your team members are planning…
How Much Should Your Business Spend on Accounting Technology
Accounting
More and more, small and mid-sized businesses are upping their spend on accounting technology as a proven way to streamline…