Bookkeeping | Nonprofit Financial Management
Right-Sized Support for Small Nonprofits
Designed for organizations with straightforward financial activity and established internal leadership, this package provides consistent transactional bookkeeping and reconciled monthly financial statements, with limited oversight from SFS accounting staff. Ideal for unaudited organizations or those with in-house financial leadership who do not require strategic support or grant-related reporting.
Reliable, Consistent Bookkeeping
Nonprofits rely on timely and accurate financial information to guide their decisions, but turnover and bookkeepers lacking nonprofit experience can cause costly backlogs and inaccurate financials. Our team specializes in nonprofits, providing quality services at an affordable price point for the smallest organizations. Our bookkeeping services include:
Weekly Services
- AP Bill Entry and Weekly Check Run
- AR Invoice Entry
- Payroll Journal Import
- Expense Card Activity Import
- Revenue Entry (program income, contributions, and other receipts)
- Vendor / Customer Setup in QuickBooks Online
Monthly Services:
- Month-End Close and Account Reconciliation
- Standard Reporting, Including Profit & Loss, Balance Sheet, and Class-Based Reporting
- Quality Assurance Review by SFS Accountant
Periodic Services:
- One-time onboarding period supported by SFS CFO.
- Routine Billing Correspondence
- 1099 Preparation and Filing
- Process Streamlining, Redesign, and Automation
Weekly Services
- AP Bill Entry and Weekly Check Run
- AR Invoice Entry
- Payroll Journal Import
- Expense Card Activity Import
- Revenue Entry (program income, contributions, and other receipts)
- Vendor / Customer Setup in QuickBooks Online
Monthly Services
- Month-End Close and Account Reconciliation
- Standard Reporting, Including Profit & Loss, Balance Sheet, and Class-Based Reporting
- Quality Assurance Review by SFS Accountant
Periodic Services
- One-time onboarding period supported by SFS CFO.
- Routine Billing Correspondence
- 1099 Preparation and Filing
- Process Streamlining, Redesign, and Automation
Why Choose Basic Finance Support?
Don't live in fear of turnover, count on uninterrupted quality service without time-consuming hiring process.
We build out a handbook of daily processes, ensuring smooth handoffs of duties on our team and providing transparency on how we record your activities.
Services tailored specifically for nonprofit organizations, ensuring compliance and clarity.
Our processes are designed to reduce errors and prevent fraud.
We create predictable, repeatable workflows to keep your nonprofit running smoothly.
Need More Than Bookkeeping Services?
Discover how our basic finance and strategic finance services can elevate your nonprofit’s success through an ongoing relationship with a trusted financial partner. Explore our full range of services and find the perfect fit for your organization.
Frequently Asked Questions (FAQ)
What services are not included?
While we provide extensive financial support, the following services are not included in the Bookkeeping package:
- Presentation at board meetings, cash management, budget development, or forecasting.
- Payroll and timesheet processing.
- Onsite activities such as making bank deposits or scanning correspondence.We are a fully remote team.
- Management of your physical files, or of digital records unrelated to audit readiness.
- Vendor negotiation or management.
- Donor acknowledgments or donation record entry into your CRM system or other database.
- Generation of grant budgets or custom financials for grant reports.
- Support for audit correspondence or document requests. We maintain complete documentation.
- We do not issue your IRS Form 990, but we will work with your auditor to prepare supporting schedules and data to assist with its completion.
Learn How Shared Financial Services Can Assist Your Nonprofit
Contact us today for a consultation and learn how we can help your nonprofit achieve financial stability and free your staff to focus on your mission.