Your nonprofit’s biggest cheerleader and outsourced accounting department

Their services cover everything from initial nonprofit setup to monthly bookkeeping and year-end financials. Devoted Bookkeeping specializes in nonprofit financial management and develops individualized accounting plans based on each organization’s specific requirements. We offer a flexible business model to fit your organization’s specific accounting needs. We believe that nonprofits deserve personalized, quality service and should not settle for a one-size-fits-all approach. We collaborate with you to provide a customized solution that is not only cost-effective but also strengthens your accounting function. Do you understand how your financial activities are impacting your organization?

Financial Review

With professional financial records maintained in QuickBooks Online, you can pursue funding opportunities with complete confidence. Clean financial data makes applications faster to complete and significantly more likely to succeed. It’s recommended to update your financial records regularly, at least monthly, to ensure accuracy and timely reporting. Velan supports a New Jersey speciality chemical manufacturer with top-notch accounting services. Velan completes accounts receivables and payables on time with 100% accuracy and earned the client’s trust. Our goal is to enhance financial transparency and efficiency, allowing nonprofits to focus on their core mission.

How Nonprofit Accounting Solutions Improve Operational Efficiency

Joe answers the phone when you call and is integral to every client relationship. We have grown over the years, but slowly, often closing our doors to new clients for 6 months or more. We can quickly and smoothly fix your books and restructure your system while customizing it to fit your needs and unique staffing structure. You have constant access to one-on-one consultations and unlimited support when questions arise. Nothing is static as a nonprofit and we are there to adjust and integrate processes as things change and grow. We help you track cash flow, build operating reserves, and reduce dependency on any single revenue source.

• Our company is strongly committed to technological advances, fiscal security, and sustainability.
• We’ll also keep you updated on reporting changes and other accounting issues that affect your financial statements and procedures.
• We’re incredibly grateful to the Mission Edge team for everything they’ve done for us.
• Your mission matters and it suffers when limited resources and focus are diverted.
• The membership provides us timely information on a variety of technical and regulatory subjects that we apply to audits to help ensure compliance with the appropriate standards and changes in regulations.
• Specialized in fund accounting and equipped with Aplos Software, our Bookkeeping Specialists have helped thousands of organizations, and we do it well.

Non-Profit Accounting

I specialize in online bookkeeping for nonprofits using QuickBooks Online, and as a certified QuickBooks ProAdvisor, I bring expert-level knowledge to every client relationship.. These controls protect your organization from financial irregularities while ensuring accurate financial reporting. Auditors often examine petty cash accounts as an indicator of how organizations manage internal finances, so proper controls are essential. Professional nonprofit bookkeeping requires specialized knowledge of Generally Accepted Accounting Principles (GAAP) and dedicated time that most small organizations simply don’t have. Talk to an accountant or tax adviser to ensure that your charitable organization is exempt from paying capital gains tax.

BooksTime provides flexible support for both short-term needs and long-term financial management for nonprofits. As an Elite QuickBooks ProAdvisor Firm, they offer QuickBooks cloud accounting software at a discounted price, enhancing your financial management capabilities. Discounts may be available depending on specific promotions or partnerships. Their services encompass several key financial tasks, including bank statement reconciliation, cash flow management, and budgeting and forecasting. Devoted Bookkeeping employs a comprehensive approach to address various aspects of an organization’s financial operations.

• We will meet with your team and discuss how we can best support your financial management and accounting needs.
• By choosing a tech-savvy bookkeeper, you get access to more precise financial services.
• For example, suppose you have a nonprofit that runs a charitable thrift shop of volunteers but also works as an accounting firm for other companies on the side of its philanthropic activities.
• Your employees could lose future Social Security, Medicare, or unemployment benefits if those funds aren’t paid.
• Our training and development programs can give your team the tools they need to ultimately take the reins.

Outsourced accounting can reduce your overhead expenses while increasing efficiency and data integrity. 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 nonprofit organization faces. As a CPA firm specializing in nonprofits, we’ll put our extensive knowledge to work for you so you can create a solid plan for your organization’s future. After helping more than 250 nonprofits with accounting, tax, audit, HR, technology and other services, we can provide you with an https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ experienced perspective.

Payroll

This approach provides deeper insights into your organization’s financial health and ensures  you have access to all the essential services without overpaying for unnecessary solutions. Yes, with over 19 years working exclusively with nonprofits, we pride ourselves in having a unique understanding of your accounting and reporting needs. Our accountants are CNAP certified and are updated and trained regularly on nonprofit best practices and the changes to GAAP and FASB requirements that impact nonprofits. Ensuring financial integrity is a vital aspect of running a successful organization. Establish proper financial oversight with the expert help of a team that understands the complex GAAP and FASB reporting requirements for nonprofits.

Your Bookkeeping Specialist will enter and reconcile the transactions in the appropriate register and include journal entries for payroll if you use Gusto. At the beginning of each month, we’ll request your previous month’s bank statement, credit card statements, and contributions (if applicable). Get 50% Off for 3 Months—track funds with clarity and build trust with every dollar.

Eliminating Compliance Stress

• What sets YPTC apart is our background in nonprofit-specific financial management.
• Consider technology integration and scalable pricing to meet your organization’s evolving needs.
• The challenges you’re facing are incredibly common, and they’re absolutely solvable with proper professional support for your bookkeeping efforts.
• However, it can be maneuvered easier if you know what to look for, have realistic expectations, and ask the right questions.
• This payment must be deposited quarterly to the EFTPS by the last day of the month after the end of each quarter.
• That means we’re constantly working to increase our knowledge and the level of service you receive.

Whether it’s preventing waste and fraud, ensuring timely reporting or tracking relevant financial data to facilitate compelling storytelling, we’re here to serve you as you serve others. We begin with a conversation to discuss your current systems, review your financial statements needs, and identify the accounting services for nonprofit organizations most pressing issues affecting your financial management. Then I will conduct a thorough assessment of your current financial records, accounting processes, and specific challenges.