Proficient Bookkeeping and Payroll Services LLC
Grant Accounting
In addition to to GAAP and IRS requirements, fundors have their own conditions. This includes their own categories, financials that are inclusive to their funds, and period reporting requirements. Proficient Bookkeeping and Payroll Services LLC had a combines experience of over 11 years in this complex area. We have worked with many different departments at the federal and state levels as well as many private fundors.
Non Profit
If your Non Profit organization is like many, you know how difficult it is for you to maintain the increasing financial reporting requirements as you expand your programs and increase your fund raising efforts.
Many people are shocked when they realize just how much regulation, filling, and paperwork comes with a tax exempt status.
The IRS requires most tax-exempt organizations to submit an annual information report, the Form 990 and its relations, which requires a significant amount of financial reporting where specific categories and classes of revenue and expenditures must be allocated. Let Proficient Bookkeeping and Payroll Services LLC help you.
Fund Accounting
Fund accounting is an accounting system that is based upon accountability rather than profitability and is used in non profits and governments. This system has segregated accounts that need to be self balancing and must conform with laws and regulations or special restrictions and limitations.