Reach out to our experts for dependable bookkeeping support, timely updates, or to develop new financial systems specifically designed for your requirements. In Tampa, FL, our bookkeeping services are dedicated to generating and distributing bills with a steadfast commitment to precision and swift issuance. If this resonates with you, rest assured, there’s a straightforward solution. The cash flow statement for your non-profit outlines the inflow and outflow of funds. It lets you determine how much is always accessible to cover your expenses.
- Profitline oversees the compensation procedure for staff expenditures in Tampa, FL, guaranteeing precision and adherence to regulations, while also maintaining the integrity of bookkeeping practices.
- This business is affiliated with the American Institute of Certified Public Accountants, the Society for Human Resource Management, and the Seminole Chamber of Commerce.
- Whether we provide you with a virtual CFO, fractional CFO, or a combination of the two, Acuity can help you plan for the future with your finances.
- The 32-person staff, including five partners, 17 accountants, and support personnel, undergoes frequent continuing education as well as a peer review every five years.
- A nonprofit reconciles bank accounts by comparing the recorded amounts to the amounts on bank statements.
Nonprofit Bookkeeping & Accounting Services in Tampa, Florida
Our accountants are fully prepared to take on the most difficult audit preparations, account reconciliations, system reviews, and more. Plus, Jitasa works exclusively with nonprofits, so our strategies are tailored to your needs. Rivero, Gordimer & Company is a Tampa CPA Firm committed to maintaining a direct, personal, and confidential relationship with you as our client. From routine bookkeeping solutions to major financial decisions, we work closely with you and your staff to give you the services and information you need, when you need it.
Churches and religious organizations
We segregate duties and provide control activities to provide an internal line of defense for your nonprofit. In Tampa, FL, our bookkeeping focus includes diligent tracking of pending payments to secure prompt bookkeeping tampa receivables and curtail potential noncollectable debts. Profitline secures prompt gathering of outstanding payments in Tampa, FL, to sustain robust financial liquidity, essential for adept bookkeeping.
Not sure what size your nonprofit is? Use the handy guide below.
It involves generally accepted accounting principles and other tasks all businesses employ when reporting finances, along with those specific to nonprofit organizations. At Fontana CPAs we understand that non-profit organizations play a valuable role in the local community and we support their efforts by assisting them in maintaining their finances. Our non-profit accounting, bookkeeping and tax services are designed to help manage the financial side of a number of different kinds of non-profit organizations. Whether your organization is a charity, foundation, religious group or other type of non-profit, we’ll help you keep expenses in check so you can concentrate on serving the local community. Since nonprofit organizations risk losing their tax-exempt status if they don’t comply with accounting principles, it’s vital to pay attention to proper bookkeeping. For that reason, it may be best to get high-quality accounting software that can automate everyday tasks, create reports, and minimize room for errors.
Bookkeeping and Accounting Services
They also provide clients with monthly or annual accounting services, from generating income statements to financial consultations. Zacharias Lawrence CPA Group is a boutique firm serving individuals and businesses in Tampa. It provides bookkeeping services that help clients maintain accurate records of all financial transactions in an orderly manner. The accounting firm also handles payroll processing and tax planning and preparation for corporations, partnerships, LLCs, and S corporations. It serves a variety of clients such as engineers, real estate agents, and attorneys. Founding partner Greg Zacharias is a CPA who worked in the private sector before establishing the firm in 2007.
- That way, you can be sure that your nonprofit maintains both its 501(c)(3) status and the trust of its supporters.
- The more transactions your nonprofit makes, the more often you should reconcile your bank statements.
- As a nonprofit, your organization has unique financial reporting requirements and compliance regulations that must be adhered to.
- The operating, finance and investment activities are broken down in this non-profit accounting statement to indicate the organization’s cash flow.
- Founder and managing partner Sissé Sy Ferguson-Torok has been working in the financial services industry since 2005 and serves as acting CFO for several of the company’s business clientele.
- Additionally, it offers tax solutions and assists companies in setting up and implementing internal controls.
All Jitasa Clients Receive…
These represent accounting rules that standardize reporting of financial statements. Included free with your engagement, our team of Intacct and Quickbooks Online experts will migrate, setup, and review your chart of accounts to ensure it aligns with GAAP and nonprofit standards. We ensure nonprofits have the tools they need to partner with our team for effective financial record keeping and strategic planning. Located https://www.bookstime.com/ in Clearwater, Fredrick James Accounting, Tax, and Consulting offers tax preparation, corporation and LLC set-up, bookkeeping, payroll, QuickBooks training, and tax audits. They strive to provide clients with the resources and education needed to make sound financial decisions, both in the short and long term. Fredrick James Accounting, Tax, and Consulting has a five-star overall customer rating on Facebook.
Simple, Flat-Rate Nonprofit Bookkeeping & Accounting Services
The lead accountant has a degree in accounting from the University of Tennessee and has earned federal authorization as an enrolled agent to represent taxpayers before the IRS. Dunedin Tax and Accounting is affiliated with the National Association of Tax Professionals and the National Association of Enrolled Agents. Fontana CPAs is different from the average Tampa CPA firm because we understand the unique and often complicated accounting requirements of non-profits. You’ll feel confident knowing a trusted financial professional is overseeing and improving the financial aspect of your organization while you work to grow your memberships and improve your services.
- In Tampa, FL, our bookkeeping focus includes diligent tracking of pending payments to secure prompt receivables and curtail potential noncollectable debts.
- Why stress your resources by trying to handle all your accounting and bookkeeping tasks in-house?
- As an equal opportunity provider, Feeding Tampa Bay feeds over 1 million hungry families in West Central Florida.
- Not only will these bookkeeping services help to keep things running smoothly come tax season, but they will also empower you to make smart financial decisions.
Accounting for non-profit organizations is one task that many professionals working in the non-profit sector would rather avoid. Please give us a call or email us to schedule a free consult to discuss your nonprofit accounting needs. From tracking payments and expenses to creating reports and quarterly financial statements, FreshBooks is the go-to program with numerous uses. The program offers numerous integrations and an easy-to-use interface, even for those who aren’t tech-savvy. FreshBooks is available on both computers and mobile devices, so you can stay on top of your nonprofit organization at any time.
What can a bookkeeper not do?
In the same way, bookkeeping can prepare your nonprofit’s financial records and budget for tax filings, annual reports, and every other deep dive into your assets. The operating, finance and investment activities are broken down in this non-profit accounting statement to indicate the organization’s cash flow. Analyzing this statement can help you understand how your non-profit uses the money it raises through fundraising, grant applications, and other sources of income. The balance sheet of your charitable organization is sometimes referred to as the statement of financial situation. This document most accurately shows the state of your non-profit organization’s finances.
Nonprofit vs. For-Profit Accounting
As mentioned, nonprofit organizations have tax-exempt status, meaning they don’t have to pay federal taxes to the IRS under Section 501. This section regulates the tax status of charities, religious organizations, and nonprofits. The statement of financial position represents the nonprofit version of the balance sheet. This statement provides insight into how much a nonprofit owes, what it owns, and how much money is left. Unlike for-profits, nonprofits don’t have equity because they don’t have owners, and that’s the biggest difference between a balance sheet and a statement of financial position.