Professional Bookkeeping for Nonprofit Organizations

• Monthly bookkeeping

Your financial records stay organized and current throughout the year. Regular bookkeeping helps you know where your money is going, how your organization is performing, and what needs your attention before small problems become large ones.

• Accounts payable and receivable

Knowing what you owe and what customers or funders owe you is essential to healthy cash flow. Accurate, organized accounts payable and accounts receivable provide a clearer picture of the money moving through your organization.

• Bank and credit card reconciliations

Bank and credit card accounts should match your accounting records and statements. Our regular account reconciliation identifies missing transactions, duplicate entries, incorrect amounts, and other discrepancies that can affect the accuracy of your books.

• Financial statements

Accurate financial statements give you more than numbers on a page. They help you understand how your organization is performing. QuickBooks Online can prepare clear financial reports that include your profit and loss statement, balance sheet, and other reports needed to understand revenue, expenses, cash flow, and the overall financial health of your organization.

• Ongoing bookkeeping updates

Your books are updated throughout the month as transactions are added, reviewed, and organized. At the end of each month, completed activity is compiled into current financial reports so you know what to expect and when your financial information will be available.

• Books your CPA can work from

Well-maintained nonprofit books make year-end reporting easier. Throughout the year, income, expenses, grants, restricted funds, and supporting records are organized so your CPA can work from a clean, dependable set of books. Bookkeeping details can be clarified and coordinated with your CPA as needed. We don't prepare business income tax returns or give tax advice. That's a job for your CPA.

• Fund accounting

Nonprofit organizations often need to track money by program, purpose, or funding source. We help organize your accounting records so restricted and unrestricted funds are clearly separated, making it easier to understand where your money came from and how it is being used.

• Grant tracking

Grants can come with specific spending requirements and reporting responsibilities. Grant income and related expenses can be tracked so you can see how much funding remains, document how grant money was used, and maintain accurate records for reporting and review.

• Restricted donations

Some donations must be used for a specific program or purpose. Restricted donations can be clearly identified and separated from unrestricted funds, giving your organization a reliable record of how those contributions are received and spent.

• Clear financial records for boards and donors

Board members and donors need financial information they can understand and trust. We help maintain organized, accurate financial records and reports that give leadership a clearer picture of your nonprofit's financial position, funding activity, and use of resources.

• QuickBooks Online Bookkeeping

QuickBooks Online is an adaptable and powerful accounting system. It helps maintain your books and prepare accurate financial statements that give you more than numbers on a page. These reports help you understand how your nonprofit organization is performing.

Ready to Get Your Books Organized?

If you need dependable bookkeeping for your nonprofit organization, Streamlined Books LLC is ready to help.