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Unrestricted Contributions
Donations that can be used by the recipient for any purpose, without any constraints or designated restrictions by the donor.
NFP Accounting
Accounting practices specific to Not-For-Profit organizations, focusing on fund accounting, donor restrictions, and reporting financial performance in a manner distinct from profit-oriented businesses.
Capitalize
The act of recording a cost or expense on the balance sheet for purposes of delaying full recognition of the expense over time through depreciation or amortization.
Amortize
To gradually write off the initial cost of an intangible asset over its useful life, reflecting the consumption of the asset's value.
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