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-   -   Non-profit organization (https://www.askmehelpdesk.com/showthread.php?t=674506)

  • Jun 24, 2012, 05:06 AM
    RwChurch
    Non-profit organization
    Is it necessary/beneficial for non-profit organizations to depreciate equipment purchases.
  • Jun 24, 2012, 06:44 AM
    Fr_Chuck
    A non profit as any other group has to do proper accounting, keep the money separate from profit and/or non profit money and do all methods of proper accounting.

    You would be doing a injustice and improper book keeping not to follow all proper accounting methods

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