Nonprofit Bookkeeping & Accounting Services

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We’ll cleanup your books, establish a pristine accounting system and then ensure things are done to the highest accounting standards throughout the year. Not only do we provide bookkeeping & accounting throughout the year, but we’ll close out your accounting at year end and prepare your 990. Your message has been received and we’ll be reviewing your request shortly. In the meantime, schedule a meeting with us and we’ll be in touch soon.

Nonprofit bookkeeping is not in any way inferior to accounting, but the task is easier and requires less precision. While a budget may not always be employed in for-profit enterprises, it is seen to be a crucial part of nonprofit accounting. This is due to the fact that nonprofit organizations often have fairly limited cash sources, necessitating constant strict supervision over their spending.

Payroll Management

You always have access to your financial records and can switch to a nonprofit accounting software only subscription at any point with a 30-day notice if you decide to manage the books yourself. Beyond our meticulous Form 990 work, our team also handles all aspects of nonprofit tax planning, tax-related regulatory compliance, tax analysis and more. We guide your organization through the myriad of rules and regulations involved in maintaining its tax-exempt status, so you can focus on your important work. Our clients are provided a deeply-discounted subscription to the leading, cloud-based accounting software platform available, Quickbooks Online.

  • You’ll have a full team of qualified professionals working with you when you work with our nonprofit bookkeepers and accountants, answering queries and offering suggestions to help you succeed.
  • Working with Nonprofit Bookkeeping allows our non-profit to innovate and grow to further impact the needs of our community.
  • Without access to accurate financial reports and expert financial guidance, your organization will never be prepared for what’s coming next.
  • Deciding which form to file depends on the organization’s classification and whether or not the nonprofit reaches certain spending thresholds.

We’ll help you modernize your nonprofit accounting & bookkeeping systems to get consistent and accurate reports. And we’ll show you how to use those reports to make smarter decisions for your organization. Our Charlotte bookkeepers pride in serving local businesses throughout Charlotte and surrounding areas. Learn how our Bookkeepers in Charlotte can help your business thrive through professional bookkeeping services by Accounting by the Books. To identify possible firms nearby, check for recommendations from reliable nonprofit sources, inquire about other nonprofits about the companies they utilised, and do your own study. Compare the services to the list of requirements for your organization to reduce the list.

Nonprofit Tax Services

We’re a family-owned and operated small business that treats our clients like family too. With over 20 years of bookkeeping experience, we have built a reputation as a leader in our industry. We are strong proponents of QBO and work with clients who already use it or are willing to convert to using it.

Why Our Charlotte Bookkeeping Firm?

This means you’ll always get continuous service, no matter how complex or minor your accounting needs are. Pramod has over 11 years of experience relating https://accounting-services.net/bookkeeping-wisconsin/ to finance and accounts in diversified industries. He is an expert in resource and process optimization resulting in greater operational efficiencies.

Cash Flow Analysis & Forecasting

The concept of fund accounting is one of the main differences between for-profit and nonprofit accounting. It’s important for all nonprofit finance and accounting professionals to understand this key concept as they continue to advance their careers. This experience means our CPAs fully understand tax-exempt organizations and their unique financial and regulatory demands. They can expect donors, the government, the media and the general public to all scrutinize their operations. Although nonprofits usually don’t pay taxes, they do prepare an annual informational return (Federal Form 990) to showcase how they use their funds and fulfill their mission. Included free with your engagement, our team of Intacct and Quickbooks Online experts will migrate, setup, and review your chart of accounts to ensure it aligns with GAAP and nonprofit standards.

Programs

Take our 2-minute survey to find out if outsourced accounting and bookkeeping is a good fit for your organization. Without access to accurate financial reports and expert financial guidance, your organization will never be prepared for what’s coming next. We segregate duties and provide control activities to provide an internal line of defense for your nonprofit. So does our company.Every minute you spend rifling through receipts and squinting at financial printouts is another minute your cape stays hanging in the closet.Let us help you with that.

Our CPA team handles all the bookkeeping, payroll, accounting & year end tax preparation. A nonprofit bookkeeper is in charge of categorizing and recording transactions, reconciling bank statements, and producing financial statements. Others may be involved in the day-to-day activities of budgeting and paying the nonprofit’s bills. Get our FREE guide to nonprofit financial reports, featuring illustrations, annotations, and insights to help you better understand your organization’s finances.