GAAP Accounting Basics: A Simple Guide for Nonprofits
Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support. Both of these positions are vital to your organization’s success, but they shouldn’t be lumped together. While a volunteer or staff member might be able to take on their organization’s bookkeeping duties, they’d be hard-pressed to […]
EIN Definition, Examples, Cases, Processes
As we described above, an EIN is essential for most businesses. A business needs an EIN to help manage taxes, follow regulatory requirements, and separate business finances from personal ones. If you’re running an LLC or sole proprietorship, for example, you can use your social security number in place of an EIN on all business […]