Oakland Financial Management for Nonprofits

Even tiny nonprofits have BIG bookkeeping challenges, like cash flow forecasting, grant tracking, and finding the time to reconcile your accounts. Our clients are provided a deeply-discounted subscription to the leading, cloud-based accounting software platform available, Quickbooks Online. You’ll have secure, 24/7 access to your books and records, from anywhere you have a broadband connection. Write and print checks, sync with your bank account, generate reports…it’s all there. Contact us directly to learn more about our nonprofit accounting packages. Even though most nonprofit organizations are exempt from having to prepare tax filings for the federal government, it is still critical to file an accurate and complete Form 990.

Please complete the information request and one of our nonprofit advisors will be assigned to work with you. Please check your email to access their contact information and schedule. https://www.bookstime.com/ Online access to your monthly, quarterly, and annual bookkeeping Reports. If needed, we can even help with tracking your donations, paying bills and accounting for your payroll.

Software & Industry Partners

Perhaps you have revenue coming into the organization from a myriad of different sources and need to be more effective at fund accounting. Fund accounting is required of all tax-exempt nonprofits by industry regulator Financial Accounting Standards Board . When you choose Supporting Strategies for this work, you gain a partner that is aware of the latest changes involving revenue recognition, presentation of financial data, and more. Supporting Strategies is skilled at nonprofit bookkeeping and adept at setting up the software and systems needed to capture data in a way that will streamline the tax preparation process, especially for IRS Form 990. Outsourcing also offers many benefits that you can’t get with an in-house bookkeeper.

An outsourced bookkeeping and accounting service should be able to scale with you by adding full-service accounting when you are ready for it. Helps organizations secure their accounting and financial data by providing audit assurance services. With their professional guidance, you can make sure all of your internal controls and reports are up to standard and compliant with the latest regulations. The expert team at CBIZ provides Systems and Organization Control reports to help organizations better mitigate risk with optimized internal controls. Bookkeepers are in charge of maintaining your books closely day in and day out. They are responsible for all data entry into accounting ledgers or software. Their focus is on recording the financial transactions of your organization through maintaining records, tracking transactions, and creating financial reports.

Outsourced Nonprofit Accounting Firm #5: Quatrro

At LDG Accounting, we deeply understand how to properly manage your books, organize your finances, and put your organization in a position to succeed. Want an easier way to quickly share the information your nonprofit needs to make informed business decisions? Are you interested in converting piles of information into a dashboard that’s not only easy to understand but accessible? YPTC offers data visualization services that can help you make data-driven decisions and access the information that you need to run your organization from anywhere.

• He is not only timely, accurate, and well organized, but his easy-going, peaceful nature puts me very much at ease and makes dealing with our finances a no-stress situation.
• After you acknowledge this, we will forward you another email providing you access to our client-only web tools & questionnaire.
• Hire offshore well-trained not-for-profit bookkeepers who can do much more than just recording business transactions.
• At Strickland Hardee, our nonprofit team offers a personal relationship that few accounting firms can match.
• A. The income statement tells you if you are remaining cost-effective and shows your costs and expenses.
• Are you a not-for-profit organization struggling to balance your substantial growth while keeping your core focus?

We believe that being a good steward results in positive changes to the world around us. Grant Reporting & Compliance – Nonprofits must meet the requirements of the granting agencies that supply a portion of their funding. Our extensive and diverse experience with grant reporting and compliance helps nonprofits like yours meet those requirements. Paisley Solutions has been providing bookkeeping and payroll services for businesses in the Kennett Square, West Chester, Chadds bookkeeping for nonprofits Ford, Lancaster and Wilmington regions since 1996. CPA’s refer Paisley Solutions to non-profits and businesses in Chester County, Lancaster County and New Castle County. In choosing Supporting Strategies, you also select a financial partner that is capable of scaling with your organization as it grows — a nonprofit bookkeeping partner for the long-term. With over a decade of experience, chances are that that we have encountered many of the complex scenarios already.

Offshore Nonprofit Bookkeeping Helps You to Maintain Your Books

In order to be able to draw conclusions about the organization’s current level of effectiveness and recommend new strategies, these leaders will need to take financials into account. Board members will come and go over time, and some of them will have more financial proficiency than others. Supporting Strategies can discuss the financials directly with your board as needed and can also handle the financial analysis needed for audits and donor reviews. As a 501c3 nonprofit organization, you need to focus more on your missions than managing the books. A part-time bookkeeper or a volunteer accountant may not always be able to present the financial insights to make well-informed decisions. Are you a not-for-profit organization struggling to balance your substantial growth while keeping your core focus?

You will have accurate and up-to-date financial records, 24/7 online access to your accounting information and peace of mind come tax time. YPTC is not a CPA firm, and provides no attestation services with regard to financial reports. We keep your books audit-ready by handling the bookkeeping, accounts receivable, and payables with allocations, reconciling the finances, and providing financial reports to satisfy your stakeholders. Our ongoing accounting and advisory services are year-round partnerships to keep your nonprofit’s finances healthy and relieve your stress. Early in the sales process, Supporting Strategies identifies the client’s funding sources in order to establish and manage the nonprofit bookkeeping process efficiently. We can report on fund spend to grantors and fully allocate grant funds to all applicable items, including portions of staff salaries.

Our experienced and friendly team of accountants will answer all queries and help you make timely decisions for maximum organization benefits. Absolutely, we can have regular meetings so you can advise on the reporting you need and you can access your bookkeeping online at any time to pull reports and review the books. Take our 2-minute survey to find out if outsourced accounting and bookkeeping is a good fit for your organization. McKonly & Asbury provides advisory, assurance, entrepreneurial, and tax services to many of the region’s largest and most well-known companies and organizations. LDG Accounting can help prevent fraud and lower other financial risks that can potentially impact your nonprofit or church. The news is filled with stories of misused funds from charities and other 501c3 groups. We will keep a keen set of eyes on your books to help protect your organization.

I’ve helped dozens of nonprofits upgrade their bookkeeping systems so they can track grants, monitor program budgets, and get in compliance with Generally Accepted Accounting Principles . Allows nonprofits to connect with professionals who have a wide range of financial backgrounds. Interact with bookkeepers, accountants, analysts, and consultants depending on what your nonprofit needs in terms of financial services. Jitasa’s segregated duties and safety assurances mean your nonprofit can rest assured that your (and your donors’) financial information is secure. Their team follows strict policies and procedures to make sure all safety controls are in order for every organization they work with. A primary point of contact at Jitasa will lead the engagement with your nonprofit, but you’ll always have access to a full team of accountants. No matter how difficult your accounting problem, their team will work together to uncover the best solution.

Learn more about 990 Tax Preparation and Compliance Services

At Velan, we have been offering bookkeeping & accounting services to charitable foundations, religious and other nonprofit organizations for several years. Our goal is to assist nonprofits in improving their effectiveness and efficiency with financial management, internal controls, and periodic financial statements. Our affordable nonprofit bookkeeping & accounting services are cater to every nonprofit irrespective of the physical location, size, segment or gross receipts. If you’re searching for a nonprofit bookkeeping & accounting service provider near me then you have landed in the right place. While for-profit businesses primarily focus on boosting profit, nonprofit organizations focus more on the accountability component of bookkeeping and accounting.

Click below and choose Nonprofit Accounting Services under “Purpose of Inquiry” and our team will contact you. Learn more about how we assess and set up your QuickBooks to work best for your Nonprofit. We didn’t have the time or the skill-set to create the systems we needed.