Accounting Services For Non-profit Organizations
Accounting services are an essential component of the successful operation of any organization. Accounting services for non-profit organizations are even more crucial, given their more complex financial transaction structures. Our company's specialists offer comprehensive accounting services for non-profit organizations. Our accountants have years of experience in accounting and reporting for such companies. They will help efficiently and correctly solve accounting tasks while adhering to the accounting requirements of non-profit companies.
Accounting services for non-profit organizations include:
- Recording of income and expenses;
- Conducting banking operations;
- Analytical accounting of operations by sectors and/or directions of activity (state or non-state programs);
- Accounting for applications and orders;
- Salary calculation, its taxation, and payment of necessary taxes and fees;
- Preparing documents for obtaining grants and funding from state and private institutions;
- Accounting for charitable funds and public organizations;
- Settlements with suppliers, control of accounts payable;
- Non-profit organizations have specific tax privileges and obligations. Our accountant will ensure the correct calculation and payment of taxes, considering the specifics related to the non-profit status of the organization;
- Preparation and submission of tax reports;
- Formation of financial and statistical reporting, its registration in controlling bodies;
- Analysis of the financial activities of the organization;
- Compilation and submission of the Report on the use of income (profits) of a non-profit organization;
- Budget planning and control over its execution;
- Development of financial strategies;
- Consultations on accounting in accordance with the requirements of legislation and regulatory acts concerning non-profit organizations;
- Preparation of financial and managerial reporting for donors, partners, and other stakeholders;
- Assistance in cooperation with state bodies, representative services.
The main advantages of our company for a client seeking accounting services for non-profit organizations are:
- To maintain the non-profit status, the organization must comply with relevant requirements. Our specialists will help you with consultations to comply with the legislation to retain tax benefits;
- Professional accountants can prepare reports according to the requirements and standards provided for non-profit organizations. Proper reflection of cash flow and income and expenses in reports will ensure trust and transparency regarding the financial activities of the organization;
- Accounting services help non-profit organizations focus on their primary mission. You can delegate all accounting duties to our specialists. We guarantee that the services will be provided qualitatively and on time, for which we take full responsibility. So you won't need to control the accounting service and accounting processes;
- Our accounting company's employees have extensive experience in accounting services for non-profit organizations and know all legislative requirements and rules regarding their activities;
- Reliability: you can be confident in the quality of our services, as we adhere to high standards of professional ethics and ensure the complete confidentiality of all your financial data;
- Flexibility: we offer an individual approach to each client and can adapt to any peculiarities of your activity;
- Cost savings: our services will allow you to reduce the costs of maintaining your accountant and optimize expenses for taxes and reporting;
- Completeness: we offer a full range of services for accounting services for non-profit organizations, including the preparation of financial statements, tax calculation, and more;
- We provide services for different forms of non-profit organizations. These can be accounting services for a public organization, for a charitable fund, and other similar institutions;
- Support: We are always ready to provide consultations and support to all our clients on various issues of accounting services.
The company also provides additional services:
- Registration of a non-profit organization in state controlling bodies;
- Personnel accounting of the organization's employees;
- Accounting outsourcing of charitable funds.