by Suzanne Bakker | Jan 19, 2020 | budgeting, expenses | Finance Management
In another post, we looked at the costs of food and drinks while traveling. And we saw how Per diems may make it easier to handle the corresponding paperwork. Usually more strict requirements apply for travel costs and it is not as easy to avoid the nitty-gritty. In...
by Suzanne Bakker | Jan 12, 2020 | annual accounts report, expenses, finance management, income, project finance, year-end accounts report | Annual Reporting
Sure, we are mid-January now, but if you are working in finance it is very likely that you are focused on the year end of the past year. Checking your expenses, your revenues, your balance accounts, your bank statements and so forth. And together with your project...
by Suzanne Bakker | Jan 5, 2020 | budgeting, expenses, finance management, human resource management, planning, project design, team management | Nonprofit management
For many not-for-profits, staff is one of the key expenses for their work. While many funders do not like to feel they are subsidizing salaries, and prefer to contribute to real, tangible activities and products. That makes staff salaries a sensitive part of any...
by Suzanne Bakker | Dec 22, 2019 | accounting, budgeting, documentation, expenses, finance management, project design | Finance Management
In my previous post I wrote about proof of delivery – what is needed to be able to prove and justify expenses properly. I used an example of an event in a hotel which included lunch and coffee breaks. But I did not specifically touch upon expenses for food and drinks....
by Suzanne Bakker | Dec 8, 2019 | accounting, documentation, expenses, finance management, project basics, project design | Finance Management
How do you account for expenses? I don’t mean, how do you book them. What I mean is, what documentation do you collect and keep to make sure (and be able to show) that the expenses are real? In other words, what is your proof of delivery? In one of my previous blogs I...
