Nonprofit accounting has its own nuances and differences from for-profit accounting that can make financial management more difficult. When you outsource your membership-based organization’s accounting to us, we’ll handle the intricate details for you, reducing stress and saving time you can redirect to mission-critical work.
We’ll manage your financial operations and help you make data-driven decisions through the following nonprofit accounting and bookkeeping services:
Nonprofit Financial Reporting: Financial reports are crucial to complying with IRS regulations, staying accountable to stakeholders, and understanding your organization’s financial health. We provide timely and accurate financial statements so you always know where your nonprofit stands and can share this information with your team.
Budgeting and Forecasting: Your budget is one of your organization’s most important financial documents, guiding your nonprofit’s decisions throughout the year. We help you develop a realistic budget and keep your team on track with regular forecasting.
Accounts Payable and Accounts Receivable: In addition to accounting, we also provide nonprofit bookkeeping services to manage your organization’s daily financial operations. Specifically, we manage your accounts payable and receivable to ensure you follow through on financial obligations and obtain revenue owed on time.
Account Reconciliation: We reconcile your accounts to ensure your internal financial records match external statements. We’ll identify and rectify discrepancies to ensure you always work with accurate, updated financial data and comply with relevant financial regulations.
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