QuickBooks Nonprofit for Churches

When your church first got started, accounting may have been a fairly simple task that could be tracked in spreadsheets. However, as membership grows, so does your need for a more advanced accounting system. QuickBooks offers a nonprofit accounting software package that may be a good fit for a growing church. QuickBooks Nonprofit is best [...]

Seeking Nonprofit Accountant Looking For Better Balance!

We are currently hiring for a nonprofit accountant who is seeking a better work-life balance. Do you work longer hours than you’d like? Do you want more time with to honor personal commitments, such as family and friends? Do you seek a more family focused work environment? At Foster Results, we understand the pressure of [...]

Financial Services Your Small Business Needs

Without proper financial record-keeping and reporting, it is difficult to tell exactly how successful your small business is. It’s also hard to tell where your business needs to improve. There are key accounting and bookkeeping services that a small business needs in order to survive. Make sure a prospective service provides the following: Bank reconciliation [...]

Nonprofit Accounting Issues

Even if the bookkeeper for your nonprofit is very familiar with for-profit accounting procedures, it may not be enough in the nonprofit world. There are many accounting issues specific to nonprofits that each organization must deal with. The most common accounting issues for nonprofits are: Tracking Grants – While it’s common knowledge that nonprofits receive [...]

Accounting Accuracy for the Survival of Your Business

Small business accounting hurdles are scattered everywhere and failure to clear virtually any of them could cripple your business. Not being able to handle taxes and acquire banking loans could spell disaster for your business. Here’s why: Taxes Properly handling taxes is a crucial part of the everyday operation of a small business. But it’s [...]

Nonprofit Accounting: Volunteers vs. Paid Professionals

It has been said, and proven, that the number one reason nonprofits fail is due to poor financial management. With this being known, you really don’t want to take a chance with accounting for your nonprofit. Expecting a volunteer in the organization to be responsible for such an important task is only asking for trouble. [...]