The problem that most nonprofit organizations and churches face these days is finding someone who can efficiently manage their records and details. There are, however volunteers who readily take charge of doing things and managing the records for you, but another problem with this is that most volunteers are not accountants and worry about the technical skills required to fulfill this type of role.
Another important thing – with a flood of new regulations affecting the churches and charities and with the always decreasing number of professionally trained volunteers bookkeeping has become a tough job to manage.
But, Data Developments has an easy solution for you that allows for efficient and effective bookkeeping and management.
Here’s what’s included in the solution for bookkeeping –
- Data entry including standing orders, transactions and transfers.
- Producing financial reports
- Completing the Bank Reconciliation
- A Finance Co-ordinator licence [normal cost £159]
- All Finance Co-ordinator updates and upgrades [normal cost £50]
- Technical Support [normal cost £75]
Data Developments would arrange an on-site visit to meet you and confirm starting balances, nominal codes, funds, fixed assets, standing orders, and which standard Finance Co-ordinator reports are required. Apart from this, they will provide training on the program so that figures can be examined and reports produced independently if required.
Understanding the Working -
The treasurer will continue to open envelopes, count collections, deposit money into the bank, pay bills etc, they then send details of these transactions to Data Developments, which would then be used to:
- Enter all of the transactions and transfers
- Process standing orders
- Produce financial reports
- Complete the bank reconciliation
Apart from this, the bookkeeping service by Data Developments includes a copy of Finance Co-ordinator, together with technical support, which can be installed onto the computer. The user will then be able to restore the information from the back up file sent by Data Developments to you, so you can see the information that has been entered – this will help you examine the figures and produce your own analysis and reports when required.
Data Developments solution for bookkeeping is an advantage for most churches and charities because managing the records becomes easier, better and faster.
Ned more details? Visit the website: Datadevelopments