Transactional Bookkeeping services

Ensure the bookkeeping process is organized, timely and done through the lens of an experienced CPA, so your nonprofit can focus on its mission.

  • Pay bills and contact vendors as needed

  • Deposit cash and checks

  • Reconcile credit card merchant account deposits

  • Run payroll

  • Reconcile bank accounts

Accounting

An outside CPA will prepare nonprofit specific financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for Management, Board of Directors, and Funders, so your organization can focus on the work needed to fulfill its mission.

  • Reconcile all balance sheet accounts and prepare schedules for auditors

  • Post and allocate payroll

  • Allocate shared costs

  • Review transaction coding and provide feedback

  • Track and release restricted grants and donations

  • Prepare client or government invoices and drawdowns

  • Prepare journal entries as needed so the financial statements are in accordance with GAAP

  • Prepare the Statement of Financial Position, Statement of Activity, Statement of Functional Expenses and other reports

  • Present the financial statements to Management or the Board of Directors

Tax preparation

An experienced, specialized CPA will prepare a complete form 990 and accompanying schedules in accordance with rules specific to nonprofits, and within the deadlines required by the IRS.

  • 990, 990EZ, 990N, CA-199 and CA RRF-1 preparation with accompanying schedules
  • Year-end 1099s
  • Quarterly CA 592s