Accounting System Selection/Implementation

Programs that help nonprofit organizations, small businesses and other groups select and implement an accounting system for managing their financial records. An accounting system includes a chart of accounts which lists the organization's assets, liabilities, net assets, revenues and expenses; a general ledger which organizes information by account; journals and subsidiary journals in which accounting transactions are recorded before they are added to the general ledger; a checkbook; and an accounting procedures manual which includes policies and procedures for handling financial transactions.