The Covid-19 pandemic is affecting businesses in a variety of ways. From loss of business to remote working, businesses are being forced to adapt.Continue Reading
TBG Homes is essentially 3 companies in one; a real estate development company with a construction division and a real estate broker. Here’s how they manage it all:
TBG Homes are currently creating a track map of 46 homes for which they have 6 different customisable designs. Doing the paperwork for these 3 companies have involved creating a lot of spreadsheets, says Trish Napolitano, Secretary-Treasurer for all 3 organizations.
Accounting is as important for profit-oriented organizations as it is for nonprofit organizations. It helps these organizations organize crucial financial matters such as grants, donations, budgets, purchases, and payroll.
Just like any other working professional, you earn a decent salary that covers all your basic expenses. Your children are well taken care of, they go to a decent school and are safe from abuse. All this is possible thanks to your hard work at the NGO you work for. You strive by all means to ensure funds cover all NGO costs.
A paper-based system is associated with human error. These errors may cause inaccuracy in preparing future budgets. For an NGO that sells a large volume of goods to raise funds, a paper-based system may cause chaos. Another problem is fraud, it’s easy to forge a paper-based invoice.
It’s inclining to the end of the year and most construction companies are aiming to the ‘builders break” period and for every CFO it’s time to take stock of where the project budgets are and where they should be. From your accounts or cash/receipts books, over/under budget report, backlog and pipeline, you probably have a very good idea how this year will turn out financially.
Time to take account of the state of your budget affairs.
According to News Examiner, Donald Trump ranks amongst the least charitable billionaires. From 1990 through to 2009 the blog reports that Trump donated a mere $3.7 million to his Foundation, Donald Trump Foundation. Continue Reading