Consultance Accounting Services
Not-for-Profit Bookkeeping Cost-Benefit Comparison
There are a number of resources that can manage your accounting and bookkeeping functions. Are you getting the most for your investment?
| Criteria | Typical Outsourced CFO |
Typical Accounting Firm |
Typical Bookkeeper |
Consultance Accounting Services |
| DEDICATED NOT-FOR-PROFIT EXPERIENCE | ||||
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Not-for-Profit Expertise Subject matter expertise with not for profit organizations. Program services, permanent vs. temporarily restricted, functional expense allocations, deferred memberships/revenue |
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| QuickBooks Not-for-Profit Experience implementing and managing all aspects of QuickBooks for not-for-profit organizations. |
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| CUSTOMIZED PROCESSES & REPORTING | ||||
| Paperless Document Management System Sequel based, searchable document management platform. |
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| Customized Workflow Procedures Tasks and procedures that create best practices and streamlines procedures. |
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| Customized Financial Statements and Reports Dashboards, financial statements, reports |
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| Real Time Access to Financial Reports The ability to access detailed and summary reports as needed. |
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| ONLINE INTEGRATION | ||||
| Electronic Accounts Payable/Check Run Process Approval and batch payments through direct connection between your bank and QuickBooks. |
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| Integrated Banking & Accounting System Complete integration between QuickBooks and your online banking platform and tools. |
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| STAFFING LEVELS | ||||
| Staffing Expertise On-Demand Additional expertise is available to oversee bookkeeping function as needed. |
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| COST | ||||
| Monthly Cost Range | $5-8K /Month |
$4-6K /Month |
$2-3K /Month |
$2-4K /Month |
| Fixed Fee Cost Your cost for bookkeeping and accounting services will be fixed. Never exceed your budgeted costs. |
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Key:
– No
– Sometimes
– Yes
Contact Consultance at info@consultancellc.com, visit www.consultancellc.com/checklist or call 301-654-1564.
Presented by Consultance Accounting Services
www.consultancellc.com
301-654-1564
