05 Aug Nonprofit Bookkeeping & Accounting Services in the United States

They’ll bring your existing financials up to date and manage your books with accuracy. Over the last 13 years, Jitasa’s tax specialists have completed thousands of tax nonprofit bookkeeping filings for nonprofits of all shapes and sizes. Take our 2-minute survey to find out if outsourced accounting and bookkeeping is a good fit for your organization.

Startup/Small Nonprofit

What sets YPTC apart is our background in nonprofit-specific financial management. For over three decades, we’ve worked with executive directors and board members across a variety of organizations to fulfill their missions more effectively and efficiently. No one understands the complexity and nuance of nonprofit bookkeeping quite like the compliance professionals at Foundation Group.

Nonprofit Bookkeeping & Accounting Services Overview

• I would recommend her and the team to any small business or non-profit organization.
• WIth SAOS, you will have reports available in real-time that break down your organization by it’s most granular parts so that you can make data driven decisions.
• Plus, going forward you most likely don’t need full-time staff members to execute on your accounting tasks.
• If accounting is a bottleneck for you or others in your organization, then bookkeeping services for nonprofits might be the solution.
• If your nonprofit can afford to hire a bookkeeper, you should find someone with fund experience.
• If needed, we can even help with tracking your donations, paying bills and accounting for your payroll.

Then, with your goals and future growth in mind, we use our expertise to provide recommendations on technology, processes and staff and develop a road map to get you there. Our bookkeeping services provide your organization with rapid and accurate information you can rely on. Grants are often a primary source of revenue for nonprofits, and when secured, they typically come with specific reporting and tracking requirements. These needs can be supported by bookkeeping services for nonprofits, allowing these organizations to easily keep track of funds, expenditures, and compliance with the terms. Bookkeeping services for nonprofits can enhance financial accuracy, which can often be a make-or-break for these organizations.

• They’re not entirely sure what their staff is doing, if they even need them, and what type of role they should hire.
• When someone donates, they want to ensure their money will be used for the intended purpose.
• Fund accounts make creating budgets easier by providing more details on where the money comes from and where it goes.
• San Francisco is a hub for nonprofits dedicated to various causes, from homelessness and healthcare to technology education and environmental conservation.
• For example, let’s say your nonprofit needs a car to run errands for the organization.

Develop fund accounts

If you’re looking for a one-stop-shop online fundraising tool that seamlessly integrates with your CRM, marketing tool, or accounting software, take a look at Donorbox. Over 80,000 nonprofits worldwide have used our tool to boost donations with features like peer-to-peer fundraising, text-to-give, event ticketing, recurring donations, and more. As you https://www.bookstime.com/articles/startup-bookkeeping choose your organization’s bookkeeper and financial software, remember to consider your organization’s needs and abilities. Software that provides top-level financial tools isn’t helpful if your staff and board don’t understand how best to use it. AccuFund is an excellent resource for nonprofits looking for a reliable financial management tool.

That way, you can be sure that your nonprofit maintains both its 501(c)(3) status and the trust of its supporters. Bookkeeping for nonprofits is recording and analyzing financial transactions to ensure compliance with state and federal accounting rules. From accounting and month-end close to financial reporting to data visualization, we conduct a variety of services and can customize them to your nonprofit’s specific needs. We’ll partner with you to automate key accounting processes and create forward-looking plans that make your future feel less uncertain. And we can offer you on-demand advice on grant utilization, fundraising strategy, tax compliance, and other topics that often trip up growing nonprofits.

• Jitasa’s experienced nonprofit accountants will set your organization up with a cloud-based accounting system and chart of accounts to guide the financial aspects of your daily operations.
• We use the most up-to-date technologies and integrations internally as a team, and with our bookkeeping processes.
• It’s great when organizations set up their bookkeeping systems correctly from the start.
• We can quickly and smoothly fix your books and restructure your system while customizing it to fit your needs and unique staffing structure.
• This is unusual for a bookkeeping company because bookkeeping does not require a degree or certification.
• We work hard to develop processes that are efficient and utilize technology whenever possible.
• Accounting software can make this process easier and help your bookkeeper follow GAAP standard accounting principles.

Managing Restricted Funds &

Bookkeeping services can be used to boost stakeholder confidence and support their decision-making processes. While good bookkeeping is often necessary for securing funding in the first place, it’s also necessary to ensure that the funds are well-managed and spent to maximize their impact. Once grant money is received, it can be comprehensively tracked, allocated, and reported on.

Nonprofit Bookkeeping & Accounting

700+ Clients Rely on YPTC’s Nonprofit Accounting Services

• And, if you need further advice, an experienced bookkeeper can give you their perspective on your budget.
• We’ll implement new technology and processes to modernize your bookkeeping and improve transparency.
• And instead of letting haphazard bookkeeping strain resources, you can choose a financial partner who knows bookkeeping services for nonprofits inside and out.
• This lets you easily predict your cash flow and manage your precious dollars.
• When the time comes to report your financial activity or make a budgetary decision, you’ll be equipped with precise and thorough information.
• Plus, since you likely have a limited team, it helps to outsource your bookkeeping so you can focus on growing your organization and never get behind.