Accounting & Bookkeeping for NGOs and Foundations

We understand the challenges of handling payroll for nonprofit entities, so we offer efficient payroll processing services. Our team keeps up with changing regulations and accurately calculates salaries, deductions and tax withholdings. We deal with everything from data entry and verification to generating pay stubs and filing necessary reports, so you can concentrate on your primary purpose while we handle compliance and timely compensation of your staff.

• Calculating and disbursing accurate salaries and withholding taxes
• Managing employee benefits
• Compliance with labor laws and regulations
• Managing international payroll for global NGOs

Our financial analysis and reporting solutions help nonprofits understand their financial position and performance. We begin by preparing financial statements, including balance sheets and cash flow statements, according to generally accepted accounting principles (GAAP). Our team then performs in-depth analyses to discover trends, possible drawbacks and opportunities for optimization, enabling you to make educated choices.

• Customized solutions
• Analysis of financial data and generating comprehensive reports
• Optimizing resource allocation
• Identifying cost-saving opportunities

We offer general ledger maintenance and reconciliation together with our financial analysis and reporting program. Our experts maintain your organization's general ledger and classify all transactions. We reconcile accounts frequently and rectify any discrepancies promptly, so you always have a clear financial picture.

• Proper financial management
• Compliance with accounting standards
• Specialized tools and expertise
• Smooth audits and financial reporting processes

Bank and credit card reconciliations are vital to keeping financial records and flagging possible issues. Our team reconciles your organization's bank statements and credit card transactions so they appear correctly in your financial documents. This process catches errors, fraud or unauthorized activities and protects your organization's financial resources.

• Tracking and reconciling transactions across various accounts
• Maintaining financial records
• Identifying potential issues or fraudulent activities
• Maintaining strict control over financial resources

Audit preparation and help are among the services we offer nonprofit organizations. Our team helps organize the documents, financial records and supporting materials required for external or internal audits. We partner with auditors to offer explanations and clarifications where required and deal with problems or concerns raised throughout the audit.

• Managing all financial records, supporting documents and reports
• Gathering the required information
• Addressing any potential issues or discrepancies
• Efficient audit process

Nonprofit organizations require good financial reporting for transparency and accountability. We generate custom financial reports for your organization that convey data in an easily understandable format. These reports reveal how your financial performance helps you make better choices and communicate with stakeholders, donors and regulators.

• Preparing financial statements
• Valuable insights into the organization's financial health
• Better decision-making
• Promoting trust among donors and supporters

Our full monitoring of donations and grants ensures your organization keeps a total log of all incoming funds. We track donation and grant receipt, allocation and use to comply with donor needs and produce records for reporting and auditing. This service improves transparency, builds donor trust and manages restricted money.

• Monitoring of donations and grants
• Effectively tracking and managing funding sources
• Systems to record and categorize donations
• Proper allocation of resources as per grant requirements

Good accounts payable and receivable management is important for healthy cash flow and maintaining relationships with supporters and vendors. Our team manages accounts payable and makes payments to vendors and suppliers within established policies and procedures. On the receivable side, we apply efficient procedures to monitor and collect outstanding payments to minimize the risk and delays of bad debts.

• Maintaining financial stability and timely payments to vendors
• Timely collection of funds owed
• Issuing invoices, processing payments and managing vendor relationships
• Minimizing the risk of payment delays or disputes