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Fund Accounting | Tresvista by Mudita15: 8:25am On Feb 08, 2023 |
Governments and nonprofit organizations utilize the fund accounting approach to account for money or grants they receive from citizens, grant makers, the government, or other organizations. The main goal of fund accounting is to enable the traceability of the amount by establishing distinct responsibility for general and specific purpose funds. TresVista’s fund accounting keeps track of every expense that comes out of funds, and any consumption in this area is charged back to those funds. #fundaccounting #TresVista #CFOofficeservices |
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