Looking for a bookkeeper and accountant for your social work practice? We handle your finances, so you can concentrate on supporting and empowering those who need it the most. Try us for free.
We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.
Looking for a bookkeeper and accountant for your social work practice? We handle your finances, so you can concentrate on supporting and empowering those who need it the most. Try us for free.
Our team dedicates itself to thoroughly comprehend your social work practice, answer all your queries, assist you in linking your accounts, and demonstrate how Accracy could enhance your performance effectively.
Each month, your dedicated bookkeeper categorizes your social work-related transactions and prepares comprehensive financial statements. If they require any additional information from you, they’ll promptly reach out.
Each month, your dedicated bookkeeper categorizes your social work-related transactions and prepares comprehensive financial statements. If they require any additional information from you, they’ll promptly reach out.
Our team will keep you regularly updated on all your bookkeeping matters. Have urgent queries that can't be sidelined? As social workers, you rarely have the luxury of time. At Accracy Accounting, we understand that. We promise to respond within one business day or sooner.
Our platform enables you to streamline data inputs from principal providers, mitigating typical errors. We collaborate with industry-leading entities like Gusto, Stripe, Shopify, and Squareensuring your financial documentation is always precise, even in the demanding field of social work.
Bid farewell to stacks of paperwork and labor-intensive manual documentation — we streamline inputs directly from association linked accounts. Gain insights from one unified dashboard so you can effortlessly comprehend the financial well-being of your social work operations and make informed strategic decisions.
Social workers need to focus their time and energy on serving their communities, not worrying about their books. At Accracy, we understand this need and offer bookkeeping services tailored specifically for the needs of social work professionals. This industry has unique bookkeeping challenges such as managing funding from various sources, tracking expense allocations, and meeting compliance of specific laws and regulations associated to non-profit or social enterprises. With Accracy, these challenges are effortlessly managed. Our intuitive software paired with our professional bookkeepers provide an unrivaled solution for financial management in this specific field.
Moreover, Accracy's team of expert bookkeepers are acutely familiar with the laws and taxes related to the social work profession. They can help navigate the complexity of tax-deductible expenses, grant reporting, and other fiscal responsibilities inherent to social work operations. We take care of your tax filing and preparation, ensuring you are compliant and taking advantage of all possible benefits. With Accracy handling your bookkeeping, you can focus on what truly matters — helping others and advocating for change.
Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.
Everything in Basic plan +
As a social worker, you might be eligible for various tax deductions. Typically, expenses that are necessary, ordinary, and directly related to the nature of your work can be deducted. Some examples of potentially tax-deductible expenses for social workers include:
It's always advisable to consult with a tax professional or a bookkeeper to understand fully how these deductions apply to your personal situation.
Accounting services can provide immense support in managing grants and funding for social work projects. Firstly, professional accountants can help in setting up systems that track and allocate funds accurately, ensuring financial accountability and transparency. Secondly, they can assist in preparing and submitting financial reports required by grant providers, ensuring compliance with funding terms and conditions. Thirdly, they also have the expertise to handle audits effectively. Finally, with their knowledge of tax laws, they can maximize grant usage while minimizing tax liability. This expert financial guidance can allow the social work professionals to focus on their primary mission – helping people.
Bookkeeping can play an integral role in tracking billing for individual clients or social service organizations. Here's how:
<ul><li>Tracking Revenue: Regular bookkeeping helps in recording all incoming revenue from clients. This simplifies the process of sorting out who has paid and who hasn't.</li><li>Client Billing: By maintaining detailed client records, bookkeeping can assist in generating client bills, making sure no services or transactions are missed.</li><li>Managing Expenses: Bookkeeping ensures all business expenses are recorded, making it easier to analyze costs and make strategic business decisions.</li><li>Fulfilling Tax Obligations: It assists in calculating taxes owed accurately, helping you avoid penalties or fines.</li><li>Forecasting & Budgeting: Regular bookkeeping helps to understand revenue trends, which can make future budgeting and financial planning more accurate and effective.</li></ul>
With proper bookkeeping, individual clients or social service organizations can streamline their financial management, making their operations more efficient and successful.
We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.
Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.
Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.
Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.
We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.
No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.
No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.
Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.
Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.
At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.
Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.
Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.
BookkeepingOur payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.
Payroll ProcessingWe offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.
Sales Tax FilingBeyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.
Financial ReportingEfficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.
Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.
Catch-Up BookkeepingExperience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.
Fractional Controllership