Costs for Domestic Travel

Costs for Domestic Travel

In another post, we looked at the costs of food and drinks while traveling and how Per diems may make it easier to handle the corresponding paperwork. Usually more strict requirements apply for travel costs and it is not as easy to avoid the nitty-gritty. In this post...

Year End Project Balances

Year End Project Balances

Sure, we are mid-January now, but if you are working in finance it is very likely that you are focused on the year end of the past year. Checking your expenses, your revenues, your balance accounts, your bank statements and so forth. And together with your project...

Time Sheets As A Tool For Accountability

Time Sheets As A Tool For Accountability

For many not-for-profits, staff is one of the key expenses for their work. While many funders do not like to feel they are subsidizing salaries, and prefer to contribute to real, tangible activities and products. That makes staff salaries a sensitive part of any...

Accountability is a way of life

Accountability is a way of life

In my previous posts I have looked in detail at some finance matters, whether on the level of bookkeeping, finance management or policy development or something in between. But this week, on the threshold to a new decade and living in a spirit of looking back as well...

Food and Drinks and Per Diems

Food and Drinks and Per Diems

In my previous post I wrote about proof of delivery – what is needed to be able to prove and justify expenses properly. I used an example of an event in a hotel which included lunch and coffee breaks. But I did not specifically touch upon food and drink expenses. In...

What is proof of delivery (1)

What is proof of delivery (1)

How do you account for expenses? I don’t mean, how do you book them. I mean, what documentation do you collect and keep, to make sure (and be able to show) that the expenses are real? In other words, what is your proof of delivery? In one of my previous blogs I...

What are prepaid expenses and payables?

What are prepaid expenses and payables?

Are you also receiving all sorts of invoices for next year these days? I got mail from insurance companies, my newspaper subscription, office rent and whatnot. Companies asking me (or my organisation) to pay upfront for services they will provide to me in the future,...

What is an expense in accounting?

What is an expense in accounting?

What is an expense in accounting? Is a credit an expense? How can you know what to record as expense and what to record as an advance?

Entrepre-learning

Entrepre-learning

If you have been following me, you may have noticed that I spent a week in San Diego, USA, almost a month ago. I took part in Amy Porterfield’s Entrepreneur Experience, which was quite the most awesome gift I have ever given myself! Until this year I had never even...

For all my friends who were wondering what I was up to …

For all my friends who were wondering what I was up to …

I cannot quite remember when I blogged for the last time. I am pretty sure it must have been close to two years ago, when I was all fired up about a dream I had and the makings of a plan to achieve this dream. I had just run a survey to help find out what key...