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Accounting Services for a Non-Profit OrganizationBookkeeping Services Vancouver, BC

ABC Org Case Study - Bookkeeping & Accounting

This non-profit organization contacted LedgersOnline looking for help as they were struggling with their bookkeeping. Below is a breakdown of the accounting system they had before LedgersOnline.

  • Volunteer Treasurer has limited human resources
  • Lack of central document repository to aid in transition of board members from year to year
  • Proper controls for approving budgets, reimbursing expenses, and signing cheques
  • In some cases records were being kept by hand and without any backups

Our Solution

Below is a list of what they received with LedgersOnline Bookkeeping & Accounting Services.
  • The company was setup up on Quickbooks with remote access to their data file on the
    LedgersOnline server, giving everyone simultaneous access to the accounting system
  • Help to register the business with all relevant tax authorities in order to minimize and
    eliminate penalties and interest
  • Support for questions regarding expense reimbursement, tax related questions, and
    other basic accounting issues
  • The ability to scan all of their accounts payable, bank statements, and time sheets/payroll
    hours for input into their accounting system
  • An online filing system
  • Take care of all bookkeeping needs so the clients can concentrate on growing their business
  • Reviews of company financials with the client on a monthly and quarterly basis so the
    partners know exactly how the company is performing

Net Benefits

  • Eliminate any conflicts by having a professional 3rd party handle the bookkeeping & accounting
  • More time to focus on growing their young business
  • A sense of Control
  • Payroll calculation problems are eliminated
  • Year end reporting is converted from a project to the push of a button
  • More time to focus on what is important
  • More confidence in project estimating

See how our Online Bookkeeping Services and Accounting Services work. We can also just host accounting application files for 24/7 anywhere access, check out our Accounting Application Hosting Service.

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