Non-Profit Services
Act as if what you do makes a difference. It does.
CRA requires annual reporting and filing to maintain a non-profit’s status and many organizations are already short staffed and overwhelmed by the day-to-day work. Unique Accounting Services can help get you set up and maintain your non-profit organization’s tax-exempt status by managing all of the CRA reporting for you.
When you are already running at full capacity, it can be a challenge to find the time to stay on top of the paperwork. That’s where we come in.
We can help you with the initial set up, including:
- Prepare Income Statements with very specific revenue and expense categories like donations, salaries, postage, rent, etc.
- Create a Balance Sheet with specific categories like cash, accounts receivable, accounts payable
- Set up Functional Expense Statements with all the expenses allocated to either program services, fundraising, or operations.
- Report on Individual Program Expense Statements that itemize expenses for services like seminars, training, materials, educational mailings.
- Generate Revenue Support Schedules that detail the organization’s various revenue streams in areas like membership fees, charitable donations, investment income, etc.
It’s imperative that you build your accounting system around certain revenue and expense classifications as required by CRA in order to maintain your non-profit status.
We can help you to:
- Review and compile your annual financial statements
- Set up and maintain your Accounting System
- Provide you with weekly, bi-weekly, or monthly payroll preparation
- Manage payroll tax preparation and deposits
- Provide training for your accounting department
- Complete and file your non-profit status application
- Prepare and file required tax forms
- Prepare your initial start-up documentation
Book your free consultation now.