All of the tools your treasurer needs to manage your Nonprofit's finances.
Filling the volunteer position of Treasurer is notoriously difficult. Simplify the job of the Treasurer by eliminating lengthy check deposits. Online payment limits the number of people handling your organization's funds to reduce the possibility of mismanagement.
Volunteer organizations have a hard time collecting money owed on checks returned due to insufficient funds. With PayPal, your organization will know within 24 to 48 hours if a bank draw is denied or a credit card is invalid. This gives your organization time to either cancel an order or make alternative arrangements for payment with the member.
Add sales tax to any item in your sales catalog. Sales tax is itemized in the financial reports.
When setting up your sales catalog, the treasurer can include a financial category for the sale of that item. The financial spreadsheet itemizes all purchases by financial category making it easy for the treasurer to keep track of deposits and enter them into the budget.
Online payments are safer than handling cash and checks. All online payments are easily tracked from the source to your merchant account to your organization’s banking account. Reduce the chance of embezzled or misplaced funds.