Not-for-profit accounting
Finance support, budgets, board reporting, audit preparation and GST and FBT for not-for-profits.
Not-for-profit organisations run on tight budgets and volunteer time, but still need reliable accounts, clear reports for the board and a clean year-end audit.
Babu has worked with not-for-profit clients throughout his career. We can take on as much of the finance function as you need, from monthly bookkeeping and reporting through to budgets, audit preparation and GST and FBT compliance, including salary packaging for eligible organisations.
Support for your organisation
- Outsourced finance function
- Bookkeeping, payroll and day-to-day finance support so staff and volunteers can focus on the mission.
- Budgets and financial modelling
- Annual budgets, forecasts and modelling for grant applications and new programs.
- Board and committee reporting
- Clear monthly or quarterly reports that boards and committees can actually use.
- Year-end audit preparation
- Reconciliations and working papers prepared so the audit runs smoothly.
- GST and FBT compliance
- Activity statements, FBT returns and advice on the concessions available to not-for-profits.
- Salary packaging
- Advice on salary packaging arrangements for eligible organisations and their staff.
Who this is for
- Charities and community organisations
- Incorporated associations and clubs
- Organisations preparing for an annual audit
- Boards and committees wanting clearer financial reports
Questions about not-for-profit accounting
Do you audit not-for-profit organisations?
We prepare your accounts and audit working papers, and work with your independent auditor. The audit itself is carried out by a separate auditor.
Can you help with GST and FBT concessions for not-for-profits?
Yes. Many not-for-profits have access to concessions, such as a higher GST registration threshold and FBT concessions for eligible organisations. We review what applies to you and keep you compliant.
Talk to Babu about your tax
Book an appointment at Bella Vista or Holder, or send your question on WhatsApp and get a reply from the person who will do the work.
Prefer to call? 0434 123 701