Get a team, coverage during vacations, consistent processes, and faster closes—with the same point of contact. – Prepare your initial start-up documentation, including federal Cash Flow Statement employee identification number (FEIN), and payroll setup with federal and state agencies. – Design, install, and maintain an accounting system to meet your specific needs.

• When it’s time for payroll, you can click right into the system to see everyone’s hours.
• And we never lose sight of the fact that your organization operates with donor dollars, so accountability and integrity remain at the heart of everything we do.
• We’ll help you become more efficient and well-managed, and work together to build a strategy to achieve your goals.
• Accurate, reliable bookkeeping is essential for growing businesses in Vancouver.
• Receive financial tips, tax due dates and tax strategies right in your inbox from our CPA firm.
• We also take into consideration the complexity of your business before proposing a monthly fixed price.

Experienced bookkeepers and CPA Support Ensure Compliance and Accuracy.

Rent, utilities, payroll, and related costs are included among the expenses of a nonprofit. Note revenue and expenses in your accounting software, just as you would bookkeeping if you ran a for-profit business. Regardless of the size or industry of your business our team of professionals is well equipped to navigate the intricacies of your unique landscape.

My spouse handles our bookkeeping. How can you provide more value?

From bookkeeping and expense tracking to strategic tax planning and, in depth financial analysis we take a holistic approach to enhance your financial stability and success. Navigating the complexities of running a nonprofit organization can be challenging. It requires dedication, hard work, and sometimes even a touch of magic!

Bookkeeping Services for Nonprofits

Our experienced team works closely with you offering real time insights, into your data that facilitate decision making processes. Partnering, with Canadian Cypress offers you the best of both worlds; accuracy and the ability to make strategic choices that fuel your entity’s expansion and enhance its profitability. Our audit, tax and advisory services are tailored to manage risk and deliver meaningful financial insight, supporting your accountability to management, directors, board members and donors alike. Orbit accountants have been brought on board with Fortitude Construction as our fractional CFO. Since they have come on board, they have truly helped us with organizing our bookkeeping and accounting workflows. They have also captured our cash flow management and have made it easy to understand and effective to forecast and plan ahead.

Can you prepare grant and program reports?

• Clean reconciliations, review notes, and human judgment behind every close.
• 🔹 Mismanagement of Funds – Without clear bookkeeping, organizations may struggle to pay vendors, staff, or maintain daily operations, leading to cash flow problems.
• Our actionable insights guide you in making choices that can steer your business towards its objectives.
• Our experienced team of bookkeepers keeps your financial records accurate, compliant, and up to date—so you can stay focused on running and growing your business.
• For example, what happens if you don’t have room in the budget for a full-time human resources (HR) worker?
• ✔ Statement of Cash Flows – Helps non-profits track cash inflows and outflows, ensuring grants and donations are properly allocated.

Our experienced professionals handle every task meticulously to keep your engine running smoothly. From data entry to reconciliations we ensure that each transaction is accurately recorded. With our expertise in compliance and industry standards you can trust that your financial reports will be accurate, timely and reliable. This allows you to allocate resources efficiently focus on core operations and confidently meet all commitments.

Give Your Team the Insights They Need to Take Flight

Stripe is a quick and easy online payment app that can accommodate one-time credit card donations and recurring payments. Plooto, meanwhile, can also help you collect donor funds – and will streamline your payables, too. Keela allows your organization to gather, track, and organize donor (and other contacts) data and activity. You can then use that information to develop targeted funding communications through simple (but sophisticated) email campaigns. We kick off by asking questions to understand the ins and outs of your business — its needs, challenges, and goals.

✔ Tax Filing & Compliance – Keeps the organization in good standing by meeting all financial reporting obligations. ✔ Statement of Financial Position – Provides a snapshot of an organization’s assets, liabilities, and net assets. Monthly close & KPIsreconciliations, roll-forwards, program/fund reports, cash KPIs. Restricted funds must be spent per donor/grant terms; we track releases into unrestricted when conditions are met. A structure that tracks activity by fund/program to ensure restrictions and reporting obligations are met.

Neglecting proper bookkeeping can result in costly errors, lost tax advantages, and possible legal complications. Establishing a strong accounting system is important for the smooth operation and growth of your non-profit, ensuring financial accuracy and long-term success. We handle invoicing, payments, customer accounts, reminders, reconciliations, and AR aging reports to keep your cash flow healthy. We process invoices, manage vendor relationships, handle expense reports, and make payments with smart tech to ensure compliance. For accounting professionals exploring retirement, we offer a client-first approach to practice acquisition. We ensure your clients receive seamless care and service quality throughout that matches what you’ve provided, and that you get the value you deserve for your legacy.

What’s your month-end timeline?

Closing the year can be a confusing process for not-for-profit organizations. Our year-end accounting checklist outlines the tasks required to close. At Orbit Accountants, we provide specialized accounting for non-profits to help organizations manage finances with clarity, accuracy, and compliance. Non-profits must follow structured accounting and bookkeeping practices to maintain financial health. Here are the key strategies that help organizations stay compliant, transparent, and financially sound.

Not-For-Profit Bookkeeping & Payroll Services

This mix vancouver bookkeeping of employees and hours, however, can make paydays complicated. For example, what happens if you don’t have room in the budget for a full-time human resources (HR) worker? In most instances, you probably end up doing the payroll yourself. Using this information, you can find new fundraising options or make cuts to your expenses. FreshBooks makes it easy to stay organized, keep track of payments owed and expenses made, send invoices and accept payments.