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O U T C O M E SB YD E S I GN WORKBOOK 1O U T C O M E SB YD E S I G NERO TRAINING HANDBOOK 1. BANK RECONCILIATION The biggest, and most time saving feature of Hero is its usage of bank data feeds.
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O UTC stands for Unrelated Business Taxable Income.
Non-profit organizations are required to file O UTC if they have unrelated business income of $1,000 or more.
O UTC is filled out using Form 990-T, which is used to report unrelated business income.
The purpose of O UTC is to calculate and report income that is not related to the organization's exempt purposes.
O UTC requires information about the organization's unrelated business income, expenses, and activities.
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