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Schedule of Expenditures of Federal Awards (SEFA): How to Prepare It From Your Accounting System

Schedule of Expenditures of Federal Awards (SEFA): How to Prepare It From Your Accounting System

By Sherman Hsieh | Oct 07 2026

What the schedule of expenditures of federal awards must contain, the $1M Single Audit threshold, common errors and how to build the SEFA from your ledger. Read More

The De Minimis Indirect Cost Rate: How Nonprofits Apply It and Track It in Their Accounting Software

The De Minimis Indirect Cost Rate: How Nonprofits Apply It and Track It in Their Accounting Software

By Sherman Hsieh | Oct 07 2026

The de minimis indirect cost rate is now up to 15% of MTDC. How to set up the MTDC base, subaward cap and monthly posting in nonprofit accounting software. Read More