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Donating hours on FreshBooks transforms the way you track volunteer efforts, manage charitable contributions, and demonstrate the value of your time. This powerful cloud-based accounting system offers intuitive tools that benefit both individuals donating professional services and organizations relying on volunteer support. Whether you're a freelancer contributing expertise to a worthy cause or managing a non-profit that depends on volunteer hours, FreshBooks provides the perfect platform to track, report, and showcase the impact of donated time.

As an LLC owner, understanding your federal and state tax responsibilities is essential to avoid penalties and maximize your deductions. Whether your LLC is taxed as a sole proprietorship, partnership, or corporation, each tax status comes with its specific filing requirements.

Fund accounting is a specialized technique designed to track the allocation, usage, and restrictions on an organization’s finances. For nonprofits especially, tracking every dollar received according to donor restrictions or program requirements remains critical to their operations. FreshBooks, while primarily known as a cloud-based accounting solution for small businesses, can be adapted to handle many nonprofit accounting needs—including fund accounting. This comprehensive guide explores the fundamentals of nonprofit accounting, why fund accounting matters, and provides a detailed walkthrough of implementing fund accounting in FreshBooks.