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KPIs for Healthy Not-for-Profit Organizations

In order for an NPO to effectively deliver its programs, it needs to continuously take in donations. To calculate this KPI, divide the gross receipts … See more

Actived: 8 days ago

URL: https://www.enkel.ca/blog/accounting/not-for-profit-key-performance-indicator/

Glossary of Financial Statements & Financial Operations for Non …

WebFinancial Ratios: Tools for assessing financial health, efficiency, and effectiveness, including current ratio, program efficiency ratio, and debt to equity ratio. Financial …

Category:  Health Go Health

Strategies to Improve Cash Flow for Your Pharmacy

Web3. Monitor your cash flow on a regular basis. To improve your cash flow, you need to have visibility on it to know when and how much money is coming in and out of …

Category:  Health Go Health

The Role of Financial Planning in Establishing the Long-Term …

WebAt a time when economic landscapes are in constant flux and market dynamics can shift overnight, the role of financial planning becomes not just a necessity, …

Category:  Health Go Health

How to Read a Balance Sheet for Non-Profits

WebThis ratio reflects your nonprofit’s future cash flow by measuring assets convertible to cash within the year against liabilities requiring payment during that time. …

Category:  Health Go Health

Hiring a Bookkeeper

WebA bookkeeper who understands these capabilities will be able to quickly adapt their process to take advantage of these integrations to minimize data entry, improve accuracy, and …

Category:  Health Go Health

Fractional Controller Services: Is Your Business Ready

WebPart-time or fractional controller accounting services let you adjust the mix of your finance or management team as your business needs change - at a fraction of the …

Category:  Health Go Health

Bookkeeping & Payroll Services for Healthcare Organizations …

WebWe work with cloud-based applications specializing in payroll, time tracking, merchant processing, expense management, and more. We don’t take shortcuts with security, and …

Category:  Health Go Health

Helpful Bookkeeping Tips for Medical Practices

Web8. Hire a professional to take care of your books. Your financial data is crucial to the health and wellbeing of your practice. Because of this, your bookkeeping should …

Category:  Health Go Health

Financial KPIs Dental Practices Should Track For Growth

WebThe net margin goal for your dental office should be between 25 - 40%. To improve your net margin, you should increase the number of patients you see, increase …

Category:  Health Go Health

2023 Financial Trends for NPOs in Canada: Economy

WebThe first in a three part series on financial trends for NPOs in Canada, this post tackles how the economy and government funding are impacting nonprofit organizations. Both the …

Category:  Health Go Health

3 Key Financial Statements for Businesses

WebTo fully comprehend your company’s financial position, there are 3 key financial statements you should know about: the Balance sheet, which shows your company’s assets, …

Category:  Health Go Health

Bookkeeping Tips for a Successful Dental Practice

WebFortunately, with a bit of planning and some helpful tips, you can create a successful dental practice that not only offers exceptional service to your patients but …

Category:  Health Go Health

Financial Statements for Consulting Firms

WebFinancial statements are the backbone of strategic decision-making and operational success. For consulting firms, these documents are far more than just a …

Category:  Health Go Health

Payroll Deductions: How Much Should You Be Paying

WebEmployer Health Tax. If you are a BC-based small business with an annual payroll of $500,000 or more, you’ll be required to pay the Employer Health Tax (EHT), …

Category:  Health Go Health

Financial KPIs Engineering Firms Should Track

WebHere are 10 financial KPIs for your engineering firm. 1. Cost Performance Indicator (CPI) This KPI takes a detailed look at how efficient a project is running from a …

Category:  Health Go Health

BC Employer Health Tax for Business Owners

WebFor regular employers: Employers with BC remuneration of $500,000 or less do not have to pay the EHT, falling under tax exemption. Employers with BC remuneration between …

Category:  Health Go Health

Top Accounting Tools Every Fitness Studio Needs

WebAs a fitness studio or gym owner, it is imperative that your books are constantly organized and your numbers are kept current - the health of your business …

Category:  Fitness Go Health

Useful Accounting Tips for Chiropractic Practices

WebGenerating financial reports like profit and loss, balance sheet, and cash flow statements. It is crucial to ensure that all of these tasks are completed on a regular basis …

Category:  Health Go Health

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