Nonprofit Bookkeeper & Bookkeeping Services in Canada

Finding the right bookkeeper for your nonprofit or charity is one of the most important financial decisions your organization will make. Enkel provides dedicated nonprofit bookkeeping and payroll services across Canada, built for NPOs and registered charities that need CRA-compliant books, accurate fund accounting, and board-ready financial reports. We support organizations so you can focus on your mission while we handle the numbers.

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Trusted by nonprofits across Canada

Accurate, reliable bookkeeping services for nonprofit organizations

Managing your nonprofit’s bookkeeping can be challenging. Accurate and reliable books are crucial for long-term success. Good financial reporting enables data-driven programming decisions while providing the insights needed to guide the organization’s strategy. At Enkel, we work with hundreds of nonprofits and charities across Canada. This makes us one of Canada’s largest nonprofit bookkeeping firms.https://www.enkel.ca/blog/bookkeeping/chart-of-accounts-101-a-guide-for-canadian-business-owners/

Fund Accounting Experts

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. A well-structured chart of accounts is key to accurate fund tracking.

Extensive Oversight

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.

Reporting to Funders

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.

Sustainable Technology & Processes

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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Our Partners

I think outsourcing accounting services is the way of the future for nonprofits. The philanthropic world is reluctant to fund costly operations and administration because it takes dollars away from the core mission. Not only am I getting great, multi-disciplinary accounting services from Enkel, but my costs to get that level of service are way lower than they would be if I had to hire all of the people to do the work, and then manage them day-to-day.

- Rebecca Pauls, Executive Director, PLAN

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Enkel improved our monthly and quarterly financial reporting processes. Better reporting enables team members to make better programming decisions, and provides the Board with greater clarity about the organization’s current status.

- Tina Strehlke, Executive Director, Minerva BC

The nonprofit expertise that Enkel brings to the table is incredibly valuable. The communication is exceptional and the established processes are just brilliant. The team is always there to answer our questions and get us back on track. With Enkel, you get the whole package at a very affordable rate. It’s great value.

- Deb Schmitz, Executive Director, BC Hepatitis Network

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Why Canadian Nonprofits Choose Enkel for Bookkeeping Services? Speak to us about financial operations and management services for your organization, and you will understand why.

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Why Canadian Nonprofits Need a Dedicated Bookkeeper

Most nonprofit leaders didn’t get into this work to manage spreadsheets. But without a dedicated bookkeeper who knows the nonprofit sector, organizations face real risks. These include misused grant funds and inaccurate T3010 filings. They also include board reports that miss the true financial picture. Year-end audits can also take much longer than they should.

A nonprofit bookkeeper understands fund accounting. They know the difference between restricted and unrestricted revenue. They follow CRA rules for registered charities. They can prepare the reports that funders need. That specialized knowledge is the difference between books that simply exist and books that actively support your mission.

FAQs

A nonprofit bookkeeper records and sorts all financial transactions for a nonprofit or charity. They manage fund accounting to track restricted and unrestricted funds separately. They prepare monthly financial statements. They support CRA compliance, including T3010 filings. They also create reports for the board and funders.

The cost of nonprofit bookkeeping in Canada depends on the size and complexity of your organization. Outsourced bookkeeping services usually cost a few hundred to several thousand dollars per month. They are often cheaper than hiring a full-time in-house bookkeeper. This is true when you include salary, benefits, and training.

Fund accounting is an accounting method used by nonprofits and charities to track money by its designated purpose. Instead of one pool of funds, each grant, donation, or revenue stream is tracked in a separate “fund.” This helps ensure restricted funds are spent as the donor or funder intended. It also helps your organization stay accountable and CRA-compliant.

Most Canadian nonprofits need both. A bookkeeper handles day-to-day transaction recording, payroll, and monthly reporting. An accountant (CPA) handles year-end financial statements, audits, and tax filings including the T3010. Enkel offers both services through one outsourced team. This gives nonprofits bookkeeping, controllership, and fractional CFO support in one place.

Yes, and many do. Outsourcing nonprofit bookkeeping to a firm like Enkel gives organizations a full team of finance professionals. It costs less than hiring an in-house team. It also ensures continuity when staff turn over, which is a common challenge in the nonprofit sector.

Bookkeeping & Payroll Resources for Nonprofits

Guide to Scenario Planning for NPOs

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.

Download free guide

Importance of Internal Controls in a Nonprofit Organization

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.

Learn more

Fund Accounting Basics for Canadian Nonprofit Organizations

Many NPOs choose to track and report on their finances using fund accounting—an accounting system that uses the restricted fund method.

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deferral vs. restricted fund accountingArtboard 2

Deferral vs. Restricted Fund Method For NPOs

In accounting for charitable contributions for Canadian non-profits, accountants have two choices to consider: deferral and restricted fund contribution revenue recognition.

Learn about Deferral vs. Restricted Funds

Year-End Accounting Checklist for Not-for-profit organizations

Closing the year can be a confusing process for not-for-profit organizations. Our year-end accounting checklist outlines the tasks required to close.

Year-end Checklist

4 Great Reasons To Outsource Your Nonprofit’s Bookkeeping

If you’re struggling to juggle your non-profit’s bookkeeping requirements, here are 4 great reasons why you should consider outsourcing these duties.

Reasons to outsource