Streamlining the management of grants, ensuring funds are allocated as intended and compliance requirements are met. Payroll services including calculating and paying employees and contractors, including tax payments to the taxing authorities. With outsourced bookkeeping, you get professional services when you need them. Founded in 1992, we are the only firm in the region focusing exclusively on the tax-exempt sector. We were recognized in a poll of Chief Executive Officers by The Portland Business Journal as one of Oregon’s most admired professional service firms. Portland boasts a diverse and active nonprofit community, with organizations dedicated to various causes, from environmental conservation to social justice initiatives.
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They stay current with legislative changes, ensuring that organizations avoid costly penalties and maintain compliance. Historically, the bookkeeper has been under utilized by business owners. Accountants often focus solely on taxes, providing financial information to business owners long after it’s relevant for business decisions. Our services free up valuable time and resources, allowing nonprofits to focus more on their core missions. Skilled accountants manage routine financial tasks with precision, freeing up nonprofit leaders to concentrate on mission-critical activities. External teams can streamline operations and identify cost-saving opportunities that internal staff may overlook.
Do you provide training for nonprofit staff on financial management?
With a head for portland bookkeeping numbers and a heart for service, I’m a committed partner invested in your mission, ensuring your finances are tracked with accuracy, reliability, and attention to detail. Restricted funds are tracked separately from unrestricted funds to ensure they are used according to donor specifications. We maintain detailed records to demonstrate compliance with these restrictions.
- With outsourced bookkeeping, we have systems and processes in place to ensure we don’t miss anything.
- As a result, our partners, managers, and professional staff members have more experience working with nonprofit organizations than any other firm.
- We ensure compliance by following best practices in financial management, preparing accurate reports, and adhering to all relevant guidelines.
- Expertise in bookkeeping for nonprofit organizations, including proficiency with QuickBooks for Nonprofits, allows us to assist organizations in managing their accounting practices effectively.
- We go above and beyond to anticipate your needs to please you and help your company run more smoothly.
How does Good Steward Financial ensure compliance with nonprofit accounting standards?
We service individual, small, and medium-sized businesses with our expert bookkeeping. We go above and beyond to anticipate your needs to please you and help your company run more smoothly. Services include initial set-up, ongoing bookkeeping, initial business start-up and cleaning-up of existing financial books. Our goal is to come alongside small and mid-size businesses to gain insight from your monthly financials.
Get a quote on business bookkeeping services for the Portland Metro and Bellevue, Washington, area.
Learn from the financial experts at All About Businesses about the top 10 most common bookkeeping mistakes found in businesses and how to steer clear of them. Failure to file can result in penalty fees; tax-exempt revocation, and taxes may be due on the income you collected if your exemption is revoked. Navigate audits and reporting requirements with confidence, ensuring sustained funding and operational continuity. Our goal is to give you financial freedom in your numbers so you can be the business owner you have always wanted to become. Our clients can speak candidly and no matter what, you will not be judged. With outsourced bookkeeping, we are an extra layer of security monitoring your finances to make sure fraud doesn’t happen.
- Utilizing a dedicated nonprofit bookkeeping service can be transformative for an organization, enhancing its ability to thrive.
- Payroll services including calculating and paying employees and contractors, including tax payments to the taxing authorities.
- Our accounting specialists alleviate the headaches of the back office and keep your books clean with consistent quality.
- It builds trust with donors and stakeholders and helps nonprofits meet legal and regulatory requirements.
- I use my analytical skills and financial insight so your nonprofit can focus on what matters most — fulfilling its mission.
Focus
Gary McGee Legal E-Billing & Co. is the region’s premier nonprofit accounting firm, and one of only a few firms in the country that focuses its practice exclusively on the tax-exempt field. As a result, our partners, managers, and professional staff members have more experience working with nonprofit organizations than any other firm. At Good Steward Financial Company, we are passionate about supporting Portland’s nonprofits in achieving their goals.
Empowering Portland’s Nonprofits: The Importance of Specialized Bookkeeping Services
- With outsourced bookkeeping, we are an extra layer of security monitoring your finances to make sure fraud doesn’t happen.
- Failure to file can result in penalty fees; tax-exempt revocation, and taxes may be due on the income you collected if your exemption is revoked.
- Learn from the financial experts at All About Businesses about the top 10 most common bookkeeping mistakes found in businesses and how to steer clear of them.
- Portland boasts a diverse and active nonprofit community, with organizations dedicated to various causes, from environmental conservation to social justice initiatives.
- With outsourced bookkeeping, we have regularly scheduled time that we spend on your business.
- At Good Steward Financial Company, we are passionate about supporting Portland’s nonprofits in achieving their goals.
Accounting for Nonprofits is a professional accounting firm based in Portland, Oregon. Specializing in financial services for nonprofit organizations, they offer bookkeeping, tax preparation, and financial reporting. Accurate and transparent financial reporting is vital for maintaining trust and accountability. Stakeholders, including donors and board how is sales tax calculated members, depend on precise financial information to make informed decisions.