by Pentacle-nextSteps | Jan 31, 2022 | Financial Resources
Top 5 Quickbooks Set-Up Tips Managing your organization’s finances can be overwhelming and time consuming. At Pentacle, we use Quickbooks, an accounting software that helps you manage your financial transactions, both internally as well as with our artists...
by Pentacle-nextSteps | Jan 24, 2022 | 501(c)3, Accounting, Financial Resources
Understanding A Cash Flow Statement What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that tracks the movement of a company’s cash over a selected period of time. This is an all-inclusive statement because it includes the inflow and outflow...
by Pentacle-nextSteps | Jan 13, 2022 | 501(c)3, Accounting, Financial Resources
Understanding a Balance Sheet What is a Balance Sheet? A Balance Sheet is a financial statement that summarizes the company’s assets, liabilities, and equity at a specific point in time. The Balance Sheet is an essential tool used by organizational leaders, Board of...
by Pentacle-nextSteps | Jan 7, 2022 | 501(c)3, Financial Resources
Understanding A Profit and Loss Statement What is a Profit and Loss Statement? A Profit and Loss Statement (P&L) is a financial statement that measures the revenues, costs, and expenses incurred over a specific accounting period. P&Ls reflect an organization’s...
