IgniteArtsAndSTEMQ: Question 2: Non-Profit Accounting Requirements
Non-profit accounting differs significantly from for-profit: no COGS (uses Program Expenses instead), Statement of Activities tracking net asset changes with restriction classifications (unrestricted/temporarily restricted/permanently restricted), functional expense classification for Form 990 (Program/Administrative/Fundraising), and often requires fund accounting for grants.
Questions:
Does Tabby support non-profit financial statements (Statement of Activities, Statement of Financial Position)?
Can it handle net asset classifications and fund accounting?
Does it accommodate non-profit CoA structure?
Any non-profit customers using Tabby successfully?
ahadthecpa
Dec 6, 2025A: Tabby currently does not support non-profit-specific financial statements like the Statement of Activities or Statement of Financial Position with net asset classifications. It does not handle fund accounting or restricted/unrestricted net asset tracking. Tabby’s chart of accounts is designed for for-profit operations and lacks the functional expense categorization needed for Form 990.
But some non-profits use Tabby for basic bookkeeping,