Others may be involved in the day-to-day activities of budgeting and paying the nonprofit’s bills. Every organization we work with gets a hands-on team that understands how nonprofits operate—from compliance and board reporting to fundraising strategy and restricted funds. We bring clarity to your finances so you can focus on leading your organization, not chasing numbers.
Audit Assistance
- At Maher Duessel, we value creativity, collaboration, and a commitment to excellence.
- Take charge of your nonprofit’s financial future with expert guidance, stress-free accounting, and a team that speaks your language.
- Accounting, on the other hand, is using that information to provide a detailed analysis of your finances.
- That’s why your first step in the bookkeeping process should be finding a bookkeeper (and evaluating your outsourcing options).
- We provide outstanding accounting, auditing, tax, and business advisory services.
When you let us handle your nonprofit’s bookkeeping needs, you will be paired with one of our staff bookkeepers whose expertise is best matched to your needs. We thrive on the personal connections we have with our clients, whether they are located in our Pennsylvania communities or out-of-state. Relationships are at the heart of what we do and our focus has allowed us to work with government and non-profit organizations across the country. Are you passionate about making a difference and eager to work in a dynamic, innovative environment? At Maher Duessel, we value creativity, collaboration, and a commitment to excellence.
A wide variety of services and industry expertise
Bookkeeping involves recording and analyzing a nonprofit’s financial transactions to ensure compliance with state and federal accounting rules. Timely and accurate record-keeping is one of the most important responsibilities every Cash Flow Statement nonprofit organization faces. Using the details you recorded about your nonprofit’s transactions, create a broad overview of your financial position and develop a plan to get your revenue where it’s supposed to be. To do this, you’ll need to set reasonable expectations for your income, expenses, and financial goals.
We Streamline Nonprofit Accounting in 3 Simple Steps
We’ll work closely with you to develop customized solutions that meet your specific needs and objectives. Since 1989, our focus has led Maher Duessel to become one of Pennsylvania’s leading certified public accounting firms, providing expert technical services that help our clients create a better community. Whether you’re looking for help getting started or need a long-term partner to handle your day-to-day financial tasks, our online bookkeeping services are designed to deliver convenience, accuracy, and peace of mind. As a not-for-profit leader, you’re charged with making an impact in the community while coping with serious challenges, from increased donor and grant competition to constantly evolving compliance requirements. RKL’s Not-for-Profit Group, led by noted industry advisor Doug Berman, is comprised of professionals who are experienced in positioning community benefit organizations for financial strength and success. We provide accurate and timely financial statements to help you make informed business decisions.
Accurate and timely bookkeeping practices will make the job of those tasked with budgeting much easier to tackle. This information QuickBooks will be used later to produce financial statements (and report your financial information to the IRS), so you should thoroughly and accurately detail each transaction your nonprofit makes. FreshBooks integrates with 100+ apps, helping you take control of your nonprofit’s accounting and customize your FreshBooks experience. Our tax preparation services ensure you receive the maximum refund possible.
Specialized advisory and tax services for nonprofits, focused on compliance, efficiency, and mission fulfillment. At Maher Duessel, we are passionate about working with government and non-profit organizations. We help our clients with compliance so they can stay focused on fulfilling their mission of serving their communities with confidence. Essentially, you should view bookkeeping as the financial oversight process that’s necessary for operating your nonprofit daily. For example, bookkeeping ensures Bookkeeping Services in Lancaster your nonprofit uses its revenue wisely and maintains its tax-exempt status. Accounting, on the other hand, is using that information to provide a detailed analysis of your finances.
About Lancaster Accounting & Tax Service
Some of the non-profit organizations we help include charities, private foundations, civic groups, and business leagues. Our certified public accounting firm includes an office in the city of Lancaster, PA. We provide outstanding accounting, auditing, tax, and business advisory services. FreshBooks helps nonprofits manage expenses and budgets efficiently by providing tools for expense tracking, monitoring spending, and comparing them against budgets. This ensures financial resources are utilized effectively to support the organization’s mission.
- Review current process and procedures for improvements to ensure your assets are safeguarded.
- FreshBooks automates invoicing processes for fundraising events, streamlining billing and payment collection.
- Others may be involved in the day-to-day activities of budgeting and paying the nonprofit’s bills.
- Specialized audits of employee benefit plans to ensure compliance with complex regulations and protect the financial well-being of plan participants.
- We provide businesses and individuals with tax, accounting and financial reporting services.
- United Way Space Coast is a long-standing organization with a big mission—but prior to partnering with The Charity CFO, its financial operations hadn’t kept pace with its impact.
- Everyone was respected and relationships were built toward a solid future.
The more transactions your nonprofit makes, the more often you should reconcile your bank statements. You might start by reconciling every time you receive a bank statement (usually once a month), then schedule additional time as the size and quantity of your transactions grow. Bookkeeping for nonprofits is recording and analyzing financial transactions to ensure compliance with state and federal accounting rules.
