Management Bookkeeping and Accounting

There are three levels of accounting and bookkeeping services in every nonprofit organization. Nonprofit Suite can provide expertise to your organization all three levels, depending upon your size and needs.

Transactional Bookkeeping. Nonprofit Suite provides remote transactional bookkeeping. This is the process of keeping your checkbook and bank accounts in order. It is the first place to assign income and expenses to a program, funder or account. The accuracy of this work is the most important step in being able to produce good, reliable management accounting reports and to prepare the required state and federal tax filings.

Operational Accounting. Nonprofit Suite provides management-level financial reports and interpretation of information in your accounting system. Each month you will receive a set of financial reports which are customized to your organization and mission to help you and your Board of Directors understand the financial picture of your organization, as well as make decisions about your future.

Strategic Accounting. Nonprofit Suite provides consulting services for the higher-level accounting needs of an organization. Nonprofit Suite can facilitate the decision-making and milestone efforts of nonprofits as you work to create program and grant budgets, cash flow projections, accounting policies and procedures and plan the financial viability of your organization.

Human Resources.   Nonprofit Suite takes the headache out of payroll processing and setting up and implementing the Human Resources functions within your organization.

Nonprofit Suite can provide semi-monthly or bi-weekly payroll processing, including but not limited to, audit of timesheets for hours worked in compliance with state and federal regulations, proper payment of distribution of wages, manage employee garnishments, manage payroll required and voluntary payroll deductions, track and reconcile paid time off (vacation, sick, or personal time off), track and manage leaves of absences, update employee information, notify the EDD of new employees, handle 403(b) or 401(k) contributions and matching policies, process and reconcile tax filings, and use the time sheets to calculate the cost allocations for shared costs. All of this hands-on effort frees up your time to focus more on the mission of the organization.