Bookkeeping Basics

What Every Nonprofit Bookkeeper Needs to Know

Written in plain English, this book provides easy instructions and forms to meet bookkeeping requirements.

113 pages. ©2006.
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Reader Reviews for this Book

twine

Review posted December 25, 2022

4

I have used concepts from the book mostly for understanding bookkeeping information on financial statements and expense reports. It is a helpful reference for specific topis.

hanksta84

Review posted November 30, 2022

5

Very good introduction for the novice bookkeeper in general and novice nonprofit bookkeeper as well. Clearly explains the basics and defines basic concepts in a way that whoever picks up this book will be able to understand. Great Job adding the example worksheets at the end of the book.

[email protected]

Review posted October 5, 2022

4

Very useful for those who need to learn, well, the basics of double entry accounting. It was a very fast read for me. I didn't realize I was as advanced as it seems.

Wendyjean

Review posted September 28, 2022

5

This book is extremely helpful to anyone who needs to organize and keep accurate records for any non-profit organization. Highly recommend this book for any one serving on a non-profit board of directors.

yoncallalibrary

Review posted September 24, 2022

5

This is an excellent book for those new to bookkeeping. Our clients have asked for it.

winform

Review posted June 23, 2022

4

Very easy to understand, gives you a good foundation from set-up to basic entry. Would recommend to anyone starting or correcting a set of books.

Ccantu

Review posted March 2, 2022

5

A must have book! I go back to it when need a refresher.

nasiralamreeki

Review posted February 28, 2022

5

Excellent books

tea6two

Review posted October 20, 2021

3

This was a helpful book to review my understanding of basic accounting and provided pragmatic information to simplify my approach to income and expense reconcilliation.

moeshine66

Review posted July 23, 2021

4

Easy-to-use and follow. Provides examples of booking templates and guides to help support keeping track of expenditures. Useful tool to have desk side for yourself and your team at a non profit who can add orders expensive software. You don't have to be a certified accountant/book keeper to get benefits from this book.

reneesass

Review posted July 12, 2021

4

amazing book

[email protected]

Review posted June 14, 2021

5

'Bookkeeping Basics' was a helpful read! Our bookkeeper used it to sharpen her skills, and it is a great resource for board members to familiarize themselves with concepts unique to non-profit reporting. I highly recommend this resource.

Menkens

Review posted June 3, 2021

3

This is a great primer about bookkeeping basics for the novice. I appreciated the many examples and tables showing reports and discussion about terms and organization of book keeping information.

wilbautu

Review posted April 19, 2021

4

A thorough guide to the basics of bookkeeping. Whether for a small business or a non profit., this should have everything you need.

pgutierrez

Review posted April 15, 2021

4

This is a great read for bookkeeping basics.

loribullard

Review posted April 11, 2021

5

Bookkeeping Basics: What Every Nonprofit Bookkeeper Needs to Know, is a fabulous textbook for anyone who wants to understand basic accounting terms and processes. For example, in the first short chapter you will learn earn the difference between cash and accrual accounting methods, debit and credit, single and double entry bookkeeping! I can’t recommend this book highly enough if you’re interested in a career in bookkeeping, own a business, or just want to make sound business decisions.

siennafitz

Review posted March 18, 2021

4

This book was so useful for orienting me to bookkeeping! Will be using it as a reference for all my needs.

Sarastrain

Review posted March 12, 2021

5

Very easy to read and understand. The forms are very helpful for me to be able to create useable and accurate worksheets for our records. Gives me the confidence to help in the bookkeeping needs of our non profit organization.

sharonleighty

Review posted October 21, 2020

5

This book is an invaluable resources for small nonprofits with or without staff.

awinter78

Review posted September 15, 2020

5

incredibly helpful and an excellent guide to bookepping-

Goebel86

Review posted July 14, 2020

5

I'm glad I chose Bookkeeping Basics. My knowledge of financial matters is rudimentary and I need to understand how an accounting system works to best serve my non-profit. The language is straight-forward, but the information given is dense. It is easy to understand, but I found that I needed to read and reread in order to get the information to stick in my head. The tables in the back of the book will prove to be very helpful to me as I dig more deeply into our nonprofit's finances and bookkeeping.

[email protected]

Review posted May 17, 2020

4

Very instructive; I've returned to it often while rebuilding a non-profits accounting system. Would be a great text-book in a classroom setting. More examples would be helpful but with some study bookkeeping makes more sense which will be evident in our statements going forward.

marthaller16

Review posted May 3, 2020

4

The book was very helpful for me to learn about non profit bookkeeping.

ARice

Review posted April 3, 2020

4

This book does a good job describing basic bookkeeping and internal controls. It is a nice introduction to the topic. Even though I was familiar with many of the terms, this book gave the necessary detail to help fill in gaps in my knowledge. A board member would also find this book useful in understanding the vocabulary and processes for an organization's finances. The charts don't display well in the Kindle version, so that may be a reason to consider the print edition.

BrittanyMcCulley

Review posted February 6, 2020

4

helpful and educational read.

annschmierer

Review posted October 7, 2019

4

This was very helpful and I keep it on hand when I need clarification on terms or how to do certain transactions. Very helpful!

NWood

Review posted September 4, 2019

5

As a new, small nonprofit business operater, this book has been invaluable to me in putting together our financial system. Every chapter has been easy to understand and follow. It's a relief being able to understand what is needed and required and how to put it all together.

Karen Carnival

Review posted June 13, 2019

3

This is a good basic book to help new nonprofit bookkeepers without any finance background to conceptualize and understand the how and why of tracking the organization's finances. However, this book is dated in its approach - with so much information available on the Internet and via software programs, it is not necessarily useful as a hands-on tool.

bdonnell

Review posted June 11, 2019

4

Easy guide to build a better understanding of financial bookkeeping. It's VERY basic and not intended to be a replacement for a trained accountant or CPA. However, if you're like me and needed an introduction to the world of financial records, the approach in this book is not overwhelming.

mgraeper

Review posted April 18, 2019

4

This book was super helpful in understanding the basics of bookkeeping. as a small nonprofit, we need to be able to do everything we can in house to save money. Information in this book will help us reduce costs.

HeidiVenture

Review posted April 2, 2019

5

This is a great book for a beginning bookkeeper at a small nonprofit. Definitions of terms are spot-on. The specific instructions are well written and easy to follow. It is a beginner book, so... keep in mind you'll probably need more as you go.

lisakswallow

Review posted March 20, 2019

5

As a first time Executive Director of an new nonprofit, it fell to me to either set up and keep books for the organization or find a qualified volunteer to do this for us. Either way I needed to understand the basics and the pitfalls of doing things wrong. This book provided everything I needed to know, in a straightforward way, and was filled with examples and templates that helped me move from concept to an understanding of implementation. It broke the work down into manageable steps and exactly what I needed.

NancyTague

Review posted March 16, 2019

2

This book seems aimed at larger, more complex organizations than ours. With no payroll, minimal assets, fewer than 40 checks written per year, and no accounts receivable, our non-profit would be overwhelmed by the detail suggested in this book. I made it all the way through, but didn't find anything I would consider changing, although there were lots of things we don't do. I don't think the authors understand the realities of a really small, volunteer-driven non-profit.

[email protected]

Review posted March 6, 2019

4

I'm really excited to use this book as we set up systems and modify old systems. It is accessible and easy to understand - considering we are talking about accounting systems!

pennielayn

Review posted January 23, 2019

5

Excellent source of information!

HeatherNewsome

Review posted January 22, 2019

5

This book is a great introduction to basic bookkeeping. It is simple, clear and easy to read and understand. I would recommend this book to anyone who is a beginner to intermediate bookkeeper who would like to gain an overall perspective of the details of the big picture. Chapter 5 specifically addresses non-profit financial statement presentation which is a must know for all non-profit bookkeepers to understand what their efforts of input produce.

toddbarnes11

Review posted January 17, 2019

5

Easy to understand and broke down the basics. If you are starting from scratch with little to no knowledge of basic bookkeeping skills, this book is for you!

dalajohnson

Review posted January 8, 2019

5

an easy to use guide which makes it an easy study on basic steps for basic book keeping. The break down was easy to master and share with other board members.

[email protected]

Review posted November 28, 2018

4

This is a great resource for new to nonprofit administrators. It is easy to understand. It literally has everything a nonprofit bookkeeper needs to know outlines.

Katinka

Review posted November 14, 2018

3

East to use, clear, answered a lot of basic questions for others in my organization.

Dakotatodd

Review posted November 9, 2018

3

It's a lot of basics, really helpful in understanding terms. Explained the difference between cash and accrual accounting, shoebox vs standard, liability etc.

jamiesmith

Review posted October 31, 2018

4

Good Book. I don't do well with numbers but this was easy enough to get the basic concept of what non-profit skills you need.

[email protected]

Review posted October 30, 2018

3

Although a very dry read, this book is essential for anybody who must keep books and is not used to maintaining the basic functions.

JanecePayne

Review posted October 25, 2018

4

We needed this.

nmurdock

Review posted October 18, 2018

4

This is a very nice, easy to understand introduction and reference for a small shop with no accounting or bookkeeping experience. Ideal for the executive director who's the only employee of the organization.

cedwards

Review posted October 16, 2018

4

This was very helpful while working on my grant budgets. Thanks.

SalomaDee

Review posted October 11, 2018

4

Wow! Just the book I needed. I’ve just become the treasurer of a small nonprofit. I don’t know what I’m doing. This book explains, step-by-step, what to do and WHY. Everything is explained plainly and clearly. I now feel I have a better idea of what tools to implement to have legal, accessible books.

nonirose

Review posted October 7, 2018

4

It's a basic beginner type book with simple wording and samples of forms. It is easy to understand and follow.

jmgear

Review posted September 11, 2018

5

If I were king, the Secretary of State would give a copy of this book to every existing nonprofit and especially to every new nonprofit that registers with the state. This is a great guide for board training, even if you have no interest in doing the nuts and bolts bookkeeping. To really get your board to understand your nonprofit's financial position, they have to have some idea of what those numbers on their reports supposedly represent. This book would be an outstanding way to teach that without tears.

Lori Lull

Review posted August 14, 2018

5

This book is really helpful for my volunteer work with a local nonprofit. It is fairly condense (only about 100 pages) and focused on info I need to know for bookkeeping & financial record keeping. I think it would be a bit overwhelming for someone without a financial background, but for my purposes it is a good review of information that I have previously learned. This book is helping me and other board members institute better financial controls and more responsible practices in our organization.

[email protected]

Review posted August 7, 2018

5

This is a great book showing the fundamentals of bookkeeping. Great as a refresher course OR as training for a new bookkeeper.

christinawoo10

Review posted July 2, 2018

5

This book has excellent foundational information. I appreciated the worksheets in the back of the text. We will definitely utilize the information in this text in our organization.

Brenda Bailey

Review posted June 10, 2018

5

This is an excellent book on the basics of non profit bookkeeping fundamentals. Practical and effective methods of carrying out basics like banking accounts, inventory, ordering and the need for effective protevtion against abuses, mishandling and misappropriation of financial resources of non profits.

L1lfish

Review posted June 7, 2018

4

This is a great overview for someone who's not familiar with bookkeeping at all. My only complaint is there are not electronic worksheets provided with the book.

[email protected]

Review posted April 25, 2018

5

I love this book. I have added bookkeeping to my job responsibilities and would benefit from taking a class. Without the time for that, this book has come to my rescue. Thank you!!! It spells out what we do and why we do it -- which makes doing my job infinitely easier.

Benjahmin

Review posted April 24, 2018

3

I found this book helpful.

sarahmweber

Review posted April 17, 2018

4

Pretty good resource.

T Kilroy

Review posted April 1, 2018

5

Bookkeeping Basics is a must have in a nonprofit library. The visual examples, charts and tips make it easy to follow and understand. This book is a valuable resource. Teresa Kilroy, Hope for Happy Camp, Inc.

Senior44

Review posted October 24, 2017

4

While we work with a bookkeeper and a CPA it quickly became obvious that I needed to better understand their jargon in order to better communicate with them. This book is a great basic tool to help me with that as well as helping me better explain the statement of activities to my staff and my board. This will be my go-to how-to guide. Thanks!

hlindell

Review posted October 16, 2017

4

concise and ideas easy to implement. Love the reproducible forms.

symondslj

Review posted September 19, 2017

4

As someone with little bookkeeping experience this was very helpful and accessible.

mzamarripa

Review posted September 11, 2017

3

I was surprised this book is really easy to follow and I enjoyed the helpful charts. Basic concepts for the essentials of bookkeeping. Thank you for an easy reliable resource.

hiddlesa

Review posted August 22, 2017

5

As a professional bookkeeper and aspiring accountant, this book covered a part of bookkeeping that I was largely unfamiliar with (bookkeeping for a non-profit). This book does a good job of taking the untrained and giving them a foundation in bookkeeping basic. It then goes on to cover some of the more interesting parts of working with non-profit books such as donor intent. The great thing about this book is that it walks the reader through the bookkeeping cycle in a simple and easy to follow manner without getting into too much detail (the sort of detail that accountants would need to know). I would recommend this book for any person in a non-profit who touches the bookkeeping function. It would also be a good supplement book to add as accounting or bookkeeping curriculum.

Suz Ybarra

Review posted July 5, 2017

5

The writing is conversational. The information is practical. This book is for any non-profit which wants to "bring order out of chaos, safeguard assets, and/or provide useful information for decision-making" (paraphrase from Preface).

cscraddock

Review posted May 22, 2017

5

This is a great handbook for anyone who is part of a non profit. Great information on all you need if you are the CFO of a 501c3!

Ripleyb958

Review posted March 15, 2017

4

I took accounting classes about 13 years ago. However, the classes had pretty much nothing to do with non-profits. Reading this book refreshed some of my accounting skills. This book lays out easy to understand. What this book has that others don't is very specific instructions for going definitions for all the common terms and presents bookkeeping basics in a clear, concise, and practical way that is from source documents to making journal entries to posting to the General Ledger.

mnavarro1818

Review posted January 28, 2017

5

Book illustrations and charts were helpful.

Sebastian

Review posted September 30, 2016

4

This book covers the fundamentals for effective nonprofit bookkeeping. Although it focuses on the needs of medium to large organizations, it is a useful tool for any size nonprofit group that needs to keep its budget and financial management on track.

mandyelder07

Review posted September 27, 2016

5

I hadn't studied accounting or anything before reading this book, so I found it really helpful. It might not be as helpful for someone who has more experience in the field, but it gives a good, basic overview of everything you need to know - just like the title suggests. Thanks, Select Books!

fischert

Review posted September 27, 2016

4

This was a very helpful book for basic nonprofit bookkeeping.

jolee

Review posted September 19, 2016

4

Very good lots of information

richard.f.seymour

Review posted July 14, 2016

4

This is a good but very basic book on bookkeeping in nonprofits. For "accidental bookkeepers" in small nonprofits it would serve as a solid introduction to the concepts, paving the way for implementing a great number of accounting practices. It has a section on financial controls with a checklist, which is a great plus. One pet peeve I have is that when closing books for the month, some bills are not available. In this case, most nonprofits should record an estimated amount with a reversing transaction on the first of the following month, and await the actual bill. This gets most of the expense in the correct month and allows for accuracy in the long run. I could not find anything that explained how to do that, but I think most small nonprofits should have a practice like that in place. That aside, if a new nonprofiteer implemented all the suggestions in this book, it would go along way toward a sound financial basis for a new organization.

jordanc

Review posted June 28, 2016

5

Incredibly insightful, this book provides a great framework for the untrained bookkeeper and also reinforces that framework while it walks you through the process of establishing your non-profits financial systems. It seems geared towards slightly larger non-profits but can still be helpful for even smaller organizations that have the potential to grow.

lisan

Review posted June 16, 2016

4

It was VERY basic. I enjoyed learning about bookkeeping by hand, AND am very grateful we have accounting software. Having said that, I recommend that everyone learn the manual process in order to understand the reports that are generated by an automated process.

[email protected]

Review posted May 18, 2016

4

This book was very informative as to how to keep track of finances of an organization without necessarily having a book-keeping background or training. Anyone who understands balancing a check book or household budget can read this and understand the basics of book keeping for a small nonprofit.

petravela

Review posted May 9, 2016

4

Finally I get to learn the difference between Cash and Accrual basis. Don't skim through the 2nd chapter. Packed with info. Digest it slowly. Charts could use some cute graphics though.

GlitterGrace06

Review posted May 5, 2016

5

Great book. Simple to understand. Great for beginners.

chua

Review posted March 16, 2016

2

It was very basic. It would need to be supplemented by updated material for it to be more effective.

jujugo

Review posted February 14, 2016

5

I was recently elected to be a treasurer for a tenant group. I don't have a bookkeeping background. This book has been enormously helpful to me for setting up my accounting system. With the forms and the samples, I'm convinced I can do this properly. Thank you having such a book available.

BTrask

Review posted February 10, 2016

5

I am so glad to have been introduced to this book. After going over the concepts, I was able to share with our non-profit board that we needed to institute some internal controls to protect ourselves. The idea was well received and we now have a system in place to divide the duties of handling the finances. Thank-you for this valuable resource.

cfhaydensta

Review posted January 29, 2016

3

An informative book with useful definitions, examples and diagrams.

Josephy Center

Review posted January 25, 2016

5

This book is an excellent guide and resource for learning the ins and outs of Bookkeeping. It even answers some of the questions you are too embarrassed to ask! They also have generic forms that are very useful for your reference. I highly recommend this book for the novice and the expert.

perrindamon

Review posted January 8, 2016

4

I thought this was a pretty good book that outlined some fundamentals of bookkeeping. It offered enough detail to help volunteer managers with the basics.

Milliedaze

Review posted November 7, 2015

3

Lots of great info for beginners.

kplaza

Review posted October 28, 2015

5

Bookkeeping Basics is a great reference book for non-profit board members when they want a quick understanding of board treasurer duties and responsibilities. I plan to share this easy-to-understand handbook with our Board Treasurer-elect.

gracehouse

Review posted October 26, 2015

5

This is an excellent tool for any level of non profit book keeper. It is a great reference book to keep on hand. I highly recommend it to any one looking to improve their skills.

[email protected]

Review posted August 2, 2015

4

Good information.

dcoonse

Review posted July 13, 2015

4

Very easily written, step by step, I really liked the extra tips in the margins that were provided.

MBuley39

Review posted June 29, 2015

4

The book was very easy to understand. I have no bookkeeping experience and frankly I am not that great at math but the book was easy to follow. I would feel comfortable doing some basic bookkeeping after reading this book.

[email protected]

Review posted January 13, 2015

5

Every non-profit bookkeeper should have this book. It covers everything in a very concise and understandable manner.

bngbrookie

Review posted December 22, 2014

5

Very helpful book with useful appendixes. I recommend to anyone managing books for nonprofits.