Not for Profit

How Many Tables are there in the Charity SORP?

There are 21 Tables in the SORP and 2 figures. That is the bad news. The good news is that most don’t apply to most charities. The important ones are highlighted below. Table Title SORP Page 1 Outline summary [...]

How Many Tables are there in the Charity SORP?2024-09-06T13:31:35+01:00

Does Aedon.Charities integrate with the Nonprofit Success Pack (NPSP)?

Yes, the Salesforce integration is made simple because of the shared Salesforce platform between Aedon.Accounting and the NPSP. Some configuration will be required to ensure that all the donation attributes are included as Analysis Codes in Aedon.Accounting.

Does Aedon.Charities integrate with the Nonprofit Success Pack (NPSP)?2024-08-20T19:57:51+01:00

Does Aedon.Charities integrate with the Salesforce Nonprofit Cloud?

Yes, the Salesforce integration is made simple because of the shared Salesforce platform between Aedon.Accounting and the Nonprofit Cloud. Some configuration will be required to ensure that all the donation attributes are included as Analysis Codes in Aedon.Accounting.

Does Aedon.Charities integrate with the Salesforce Nonprofit Cloud?2024-08-20T19:56:40+01:00

What does Aedon.Charities give me?

Aedon.Charities is an extension to the core Aedon.Accounting product.  It is designed to add additional functionality which is specifically designed for the charity sector. Aedon.Charities provides three main features: Compliance with the Charity SORP Integration with the Salesforce Nonprofit Cloud [...]

What does Aedon.Charities give me?2024-08-20T19:55:47+01:00

What are Activities in the Charity SORP?

The Charity’s activities are the means of achieving its charitable objectives. They are defined in the Trustee’s statement. Unfortunately, although the initial definition is clear, the SORP then proceeds to use the term activity to also define the different classifications of [...]

What are Activities in the Charity SORP?2024-08-20T18:13:44+01:00

What are the different types of funds in the Charity SORP?

There are essentially two classes of fund: Unrestricted and Restricted. Unrestricted funds can be applied for any of the charity’s activities. When they are set aside for a specific purpose, they are called Designated. The undesignated funds are called General. Restricted [...]

What are the different types of funds in the Charity SORP?2024-08-20T18:12:18+01:00

Why don’t charities have profits?

Charities are not businesses and therefore create surpluses or deficits in their income and expenditure.  These are accumulated year on year as fund, which are also described as reserves. Under the Charity SORP the surpluses and deficits are recorded against each [...]

Why don’t charities have profits?2024-08-20T18:04:34+01:00
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