Multi-Currency Accounting for Nonprofit Organizations

This template presents a brief chart of accounts with descriptive accounts that facilitate data entry. Get the Income Statement and Balance Sheet quickly, manage members and projects.

For more information on solutions for associations go to the Accounting for non-profit organizations page.

Create your file

• Create a new file, starting from this template (Template ID  +10621), using one of the methods explained. 
• With the command File → File properties, set the period, the company name and the basic currency.
• With the command File → Save as, save the file. Enter the company name and year in the file name.
  For example "association-2022.ac2".

See also Organize accounting files locally, online or in the cloud

Enter the Transactions

Register the liquidity transactions in the journal. Enter the date, the document number and the description. Enter the destination account into the Debit Account column, and  the account of origin in the Credit Account column. Then add the amount and specify the currency.

You can modify the journal at any time.

Click here to learn more about transactions.

Check and customize the Accounts table

Once you have entered the transactions, you can check the Accounts table. You will have an overview of your assets, liabilities, income and expenses, which allows you to keep your balance under control.

Get the Profit and Loss Statement and the Balance Sheet

At any time of the year you can create your balance sheet, which is a financial report of your assets, liabilities and equity and the profit and loss statement, which includes income and expenses. You can also compare your current situation with the budget to understand if and where you are spending excessive amounts of money.