Accounting for Campaigns

Political campaigns, whether they are for the local school board or the Senate, are run on money as much as on issues. And all that money must be accounted for. Candidates, election officials and the public have a right to know how much money was raised from whom and how it was spent. Two software applications, DirectFile and CompleteCampaigns makes the job of campaign accounting and financial reporting easier.

Calling itself “the most advanced political accounting software available today”, DirectFile was created in 1995 for campaign treasurers in California. A team of campaign treasurers, computer programmers and political consultants joined together to develop a political accounting applications to help candidates, political action committees (PACs) and others meet legal and disclosure requirements.


Advertisement


Click Here
A total accounting solution for client data management! Allows you to offer “Software as a Service”! Clients have access to a complete, fully integrated accounting software suite, while you can review and report real time financial data. SinglePoint combines the power, flexibility and security of software from Cougar Mountain Accounting with the advanced technology of a dedicated application server from Applianz Technologies. Learn more!


Cougar Mountain Home Cougar Mountain Accounting
Sign up for a Web Demo Cougar Mountain Point of Sale
Request a Call Cougar Mountain FUND


According to statements on the firm’s website, DirectFile was the first online political accounting application. The web-based system off campaigns several advantages including access from any location and even multiple locations simultaneously; increased accuracy through constant monitoring of reporting laws and regulations; and enhanced security through the use of encryption technology and strict back up procedures. A Live demo is available from www.directfile.com.

CompleteCampaigns entered the political arena in 2000 and currently serves more than 300 clients in 26 states according to the company web site. Founded by former campaign manager and fundraiser, Benjamin Katz, CompleteCampaigns Back Office application is also web based. Back Office offers integrated budgeting and accounting along with integrated communications and government reporting. A preview of Back Office is available from http://www.completecampaigns.com/view_backoffice_screenshot.asp.

The CompleteCampaign web site is also home to CampaignGuide, a collection of articles addressing many of the issues facing political campaigns, including accounting and budgeting. One article, in particular offers advice that anyone involved in political accounting should keep in mind: “While good campaign management software can make it easier to file FEC reports, there are some things you should do regardless of how good your software is.” Read the manual, know the calendar, and compare new filings against previous filings and bank accounts are just a few pieces of the advice that can be found in this and other CampaignGuide articles.

Good accounting, of course, cannot guarantee victory at polls. But it can’t hurt.

You may like these other stories...

In the old days, we used to tape down receipts from our travels and submit them to accounts payable. But that was before remote employees who may live in a different city from the home office. And of course, there's all...
In 2011, electrical services and technology provider Parsons Electric in Minneapolis, Minn., decided to take its accounting to the cloud. Monica Ross, the company's director of strategic projects, talked with AWEB about...
Event Date: July 24, 2014, 2 pm ET In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the...

Upcoming CPE Webinars

Jul 16
Hand off work to others with finesse and success. Kristen Rampe, CPA will share how to ensure delegated work is properly handled from start to finish in this content-rich one hour webinar.
Jul 17
This webcast will cover the preparation of the statement of cash flows and focus on accounting and disclosure policies for other important issues described below.
Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.