How Financial Metrics Build Donor Trust and Transparency
NPO
Build donor trust with transparency. Learn how to track key financial metrics like program expense ratios, donor retention, and fundraising efficiency to secure funding in 2025.
7 Common Financial Mistakes Nonprofits Make (And How to Avoid Them)
NPO
Avoid common financial mistakes nonprofits make, like cash flow issues and budgeting missteps, and stay compliant and funder-ready this year.
Year-End Accounting Checklist for Not-for-Profit Organizations
NPO
Streamline your nonprofit’s workload with this year-end accounting checklist.
10 Essential Financial Metrics for NPOs in 2025
NPO
Learn which financial metrics for NPOs executives track to improve financial clarity, secure funding, and strengthen donor trust.
Enkel’s 2024 Year in Review: Highlights, Achievements, and What’s Next
Advice
As 2024 winds down, we want to take a moment to reflect on the year and, more importantly, to celebrate you—our clients, partners, and supporters. Everything we’ve a...
How to Improve Your Nonprofit’s Payroll Processing
NPO
Processing payroll is one of the most important — yet administratively burdensome — ongoing business tasks for non-profit organizations (NPOs). The constantly changi...
Non-Profit Reserve Funds: Five Best Practices for Managing Your Restricted Funds
NPO
Maintaining a healthy reserve ratio is vital for non-profit organizations (NPOs). In a prior post, we discussed the different types of reserve funds and their importance...
Importance of Internal Controls for Non-Profit Organizations
Accounting
Creating and maintaining a strong internal control system for non-profits (NPOs) is one of the most important steps that NPOs and charitable organizations can take to mi...
How to Automate Your Payroll Using Cloud-Based Technology
Payroll
We explain how to use cloud-based technology to automate your payroll. The article will provide step-by-step instructions on how to set up and manage your payroll system...
What is a Record of Employment (ROE)?
Payroll
Every business with Canadian employees must issue a Record of Employment (ROE) to workers who experience an interruption in insurable earnings. The ROE is a critical doc...
Top 11 Non-Taxable Benefits for Employers in Canada
Accounting
With labour shortages in various industries prevailing, providing a competitive pay package to employees can make the difference in securing a highly sought-after candid...
How to Get Your Clients to Pay Invoices on Time
Bookkeeping
Many business owners have trouble collecting their accounts receivable. A study by Interac noted that 71% of Canadian entrepreneurs struggle to get paid on time.