Bookkeeping & Payroll Services for Nonprofits
Bookkeeping services for non-profits you can trust
Move your mission forward with a reliable bookkeeping partner to track funds & expenses accurately. Enkel supports nonprofits, not-for-profits & charities across Canada.
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Trusted by nonprofits across Canada
Accurate, reliable bookkeeping services for nonprofit organizations
Managing your nonprofit’s bookkeeping can be challenging, however, accurate, reliable books are crucial to the long term success of every nonprofit organization. Good financial reporting enables data-driven programming decisions while providing the insights needed to guide the organization’s strategy. At Enkel, we work with over 100 nonprofits and charities. Let us handle your bookkeeping, while you focus on delivering on your mission.
Tracking revenue and expenses for each fund is a clear way to stay accountable. Our team of experienced nonprofit accountants and bookkeepers will provide visibility on your fund balances and monthly updates on your balance sheet, income statement and cash flow statement. We’ll also support your CPA with year-end audits and your T3010 Registered Charity Information Return.
Accountability is key and you should engage in conversations about performance, instead of wasting time questioning data. Make every dollar count towards your programs with timely actual vs budget reports. We’ll equip you with accurate, reliable financial reports that you can confidently share with your board members to make better decisions for your organization.
Increased transparency will only strengthen your organization’s relationship with funders in the long run. We’ll help you generate custom financial reports for individual funders so that every cent your organization has received is accounted for and spent in accordance with the funder’s wishes.
Turnover is inevitable. However, our consistent bookkeeping process is proven to withstand resource changes. We leverage the right tech stack to enable workflows to future-proof your bookkeeping. And you get the skills mix you need – bookkeeping, payroll and controllership – in a single fee for top-notch talent that you don’t have to recruit and retain.
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Bookkeeping & Payroll Resources for Nonprofits
Scenario planning is a strategic planning method used by organizations to plan for the long term and manage uncertainty. Download our free guide to learn about the 4 step framework to scenario planning.
Creating and maintaining a strong internal control system is one of the most important steps that nonprofit organizations (“NPO”) and charitable organizations can take to mitigate risk. Learn more.
Many NPOs choose to track and report on their finances using fund accounting—an accounting system that uses the restricted fund method.
In accounting for charitable contributions for Canadian non-profits, accountants have two choices to consider: deferral and restricted fund contribution revenue recognition.
Closing the year can be a confusing process for not-for-profit organizations. Our year-end accounting checklist outlines the tasks required to close.
If you’re struggling to juggle your non-profit’s bookkeeping requirements, here are 4 great reasons why you should consider outsourcing these duties.