Posts made in January 2018

FTM Nonprofit Forum Recorded Web Cast from January 24, 2018 is now available

What’s Your Nonprofit Tax IQ for Year End Tax Compliance?

Our FTM Nonprofit Forum for January, 2018 video recording and web cast is now available for your use.

Click here to view the recorded web cast and related video.

We hope you find this topic helpful and let us know how we can help you.


What's Your Nonprofit Tax IQ – Year End Tax Compliance-January 24, 2018 from Jim Simpson on Vimeo.

Abila MIP Fund Accounting 1099 and W-2 Processing-FREE Web Cast from January, 2018

We are pleased to provide you with our recorded web cast.   Click here to view recorded web cast and video.

In this course, participants will create, review, and correct IRS Forms and 1099-MISC, INT, DIV, and R. Participants will learn to produce and print the IRS forms in paper and submit electronically via Aatrix. Helpful reports and troubleshooting tips will be covered.

In this course, participants will create, review, and correct IRS Forms (i.e. W-2’s, and W-3’s). Participants will learn to produce and print the IRS forms on paper and submit electronically via Aatrix. Participants will learn what is involved in starting a new payroll year. Helpful reports and troubleshooting tips will be covered.

The donated value of this two hour web cast is $250.

Follow Key Metrics to Mission Fulfillment

We’re pleased to offer a valuable, 7-page document on nonprofit outcome metrics.

Click here to access ‘Outcome Metrics: Measuring What Matters in the Nonprofit World’

The topics covered include:

  • The Age of Transparency and Accountability
  • What are Outcome Metrics?
  • Why Outcome Metrics Matter?
  • Who’s Monitoring Nonprofit Performance?
  • Linking Metrics to the Mission
  • The Best Path to Success: A Balanced Approach
  • Set Up Your Plan
  • The Right Financial Software System Matters
  • Conclusion: Making a Difference

Click here to get your complimentary copy

Outcome metrics deliver value only if they are tightly aligned to your core values and mission (otherwise, they are only a resource-draining distraction). So it’s best to start with a simple template that defines what matters – your organization’s short- and long-term objectives – and the impact measures that effectively map to them.

Set goals and strategies that help to ensure your activity measures support the overarching mission. These might include progress toward goals, and program implementation; e.g. projects launched and sites protected.

Finally, drill down to define the supporting tactics and activities. These might be measures of memberships, funding, or growth in fundraising.

However you establish and define your outcome metrics, keep it simple – and never lose focus of what truly matters to your organization.


Accounts Payable and Accounts Receivable-MIP Spotlight

We will be focusing each Module of the Month on a particular software module or application that helps our clients.

We are going to focus this article on the Accounts Payable and Accounts Receivable Module. We focused on tips and tricks during the MIP User Group portion of the August 30, 2017 FTM Nonprofit Forum – you can watch the recording here.

Our module refresher will include the following topics:

  • Accounts Payable Query for Vendor Balances and Activity
  • Changing AP Invoices after posting and check production
    Voiding a Check
  • When to use Accounts Payable Invoices versus Cash Disbursements
    Setting up un-posted and posted transaction reports for Accounts Payable Invoices
  • Using the AP reports to include Accounts Payable Aging and Vendor Activity
  • Assigning Manual Checks and bank payments to Invoices
    Best Practices to enter in credit card charges
    Setting up an after the fact Accounts Receivable Invoice

Let us help you to maximize your use of the MIP Accounts Payable and Accounts Receivable Modules. Our firm and staff use MIP Fund Accounting on a daily basis so let us help you maximize the use of this powerful application.