Over the past several years, nonprofit and government organizations have experienced significant operational change. Teams have shifted, turnover has increased, and responsibilities that were once concentrated within experienced finance staff are now being distributed across newer users with varying levels of system knowledge. In many cases, the issue is not...
Designing a Future-Proof MIP Accounting Chart of Accounts: A Nonprofit CFO’s Guide
If your MIP Accounting chart of accounts feels like it grew “organically,” you are not alone. Many nonprofits and governments implement MIP quickly to solve an immediate need, then spend years layering codes and segments on top of that original structure. The result? Reports are hard to read, new grants...