Whether you’re a small nonprofit just starting out or an established organization that’s been making a difference in the world for many years, you know that effective financial management can really make or break your organization. That’s why we’re bringing in some of the smartest thought leaders in the nonprofit financial industry just for you. In this webinar series, financial experts from all over will share their knowledge on topics like auditing, internal controls, grant management, general ledger structure, moving to the cloud, and more, so you can do your job better. Check out the details below.
Revenue Strategy: from Donations to Grants and Everything In-Between
July 24 at 1:00 p.m. ET
Diversifying your organization’s revenue requires time and tedious planning, but it can create a sustainable and controlled income stream. Earned revenues, such as traditional fundraising and grants, require extensive monitoring, reporting, and compliance requirements.
In this session, learn about:
Accounting for Grants and Contracts: Deciphering FASB's ASU 2018-08
August 21 at 1:00 p.m. ET
The Financial Accounting Standards Board’s (FASB’s) accounting standards update (ASU) No. 2018-08, Not-For-Profit-Entities (Topic 958) helps clarify the guidance around cash contributions and other assets (grants) made or received by nonprofit organizations. However, this ASU can be hard to understand and implement. Join Paul Preziotti in this webinar, where he will discuss how to: determine conditionality of grants, identify right-of-return requirements, and recognize whether transactions should be categorized as contributions or exchanges.
Paul Preziotti, CPA, is a Principal for the multi-office CPA firm, Johnson Lambert LLP. He is responsible for providing audit, consulting services and engagement management to not-for-profit entities and employee benefit plans. He has significant experience serving as an advisor for organizations on a variety of issues including risk assessment, governance, compliance and internal control considerations. Paul is also a current member of the AICPA’s Not-for-Profit Advisory Council, the AICPA’s Uniform Accountancy Act Council and a past chair for the GWSCPA’s Nonprofit Finance & Accounting Symposium.
Did you miss any of our Financial Management Thought Leadership webinars in 2018? Don't worry, we have them all in one consolidated place for you.
Disbursements to your account will be made every business day, excluding bank holidays.
More details, including a sample disbursement calendar, are located in the Disbursement Information tab under General Settings from within the Blackbaud Merchant Services Web Portal.
As a reminder, Blackbaud will both deposit funds and debit your bank account for the full amount of any negative or debit balances (including any chargebacks and reversals). Failure of an attempted debit will place all payouts on hold so be sure your bank allows both deposits and debits from these merchant ACH IDs.
Credit Card Updater
Using Credit Card Updater, you can minimize disruptions in monthly revenue. Your first updates will be received in 6-8 weeks, following our security and registration processes, and monthly thereafter.
Credit Card Updater is available in the following Blackbaud solutions. To ensure that it is properly configured and you can begin receiving updates, please review the documentation below:
If you are already using Credit Card Updater, you will no longer be charged the per-update rate/monthly minimum as those costs are now included with your new per-transaction rates.
Premium Fraud Management
If your organization is experiencing online credit card fraud, you can enable Premium Fraud Management to help mitigate it and then disable the service once resolved. To enable or disable the service, login to the Blackbaud Merchant Services Web Portal and select:
There is no additional fee charged for screening transactions.
With Blackbaud MobilePay, you can take payments on the go. Your organization is eligible to receive up to six free Blackbaud MobilePay readers. Additional readers may be purchased.
To order your readers, please complete the “Request Reader” form on our website.
Should you have any questions about these features, please join one of our upcoming product tours.