You Must Put In What Must Come Out

You Must Put In What Must Come Out

No need to worry, this is not going to be a philosophical post. Not at all in fact. I want to highlight something very practical, with a very practical solution as well! If you want to know something at the end, you must make sure you collect the necessary data from...
Exchange Rates

Exchange Rates

Managing exchange rates can be a big challenge when receiving a grant in a foreign currency. This starts from before the grant is approved, already when you are budgeting for your proposal. At that time, you are ‘translating’ your local currency prices into the...
Costs for International Travel

Costs for International Travel

Previously, we looked at domestic travel costs and how to properly account for them. Now I want to look at international travel. In general, the same principles apply as for domestic travel. But there are four aspects I want to highlight. Class Most international...
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...
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...