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Accounting Systems Review

Help Greater Hampton Roads Diaper Bank (New Creation C… with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Greater Hampton Roads Diaper Bank (New Creation Community)
Chesapeake, VA, USA
Greater Hampton Roads Diaper Bank (New Creation Community)
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Greater Hampton Roads Diaper Bank (New Creation Community)
Chesapeake, VA, USA

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Cause
Health & nutrition
Skills
Accounting

Posted March 10th

Accounting Systems Review

Project details

What we need
  • Analysis of accounting needs and assessment of Organization’s current accounting practices
  • Recommendations for process improvements for enhanced reporting
  • Recommendations on appropriate bookkeeping system such as a spreadsheet or Quickbooks and related costs (if necessary)
  • Note: This does not include accounting systems set up or implementation
What we have in place
  • We currently have monthly spradsheet detailing revenue and expenditures, which should make it easy for you to get started. We also have access to bank statements for 2020, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to buy diapers to give to families in need.

Organizations with grant funds request an audit or external review by a CPA. This would be prohibitively expensive for us. Would like to find someone to conduct external review pro bono.

Project plan

P
Prep: Distribution of Prep Materials
  • Proficiency with spreadsheet and/or software accounting
  • Understanding of any local regulations or laws that would affect Organization's accounting needs
1
Milestone 1: Analysis & Recommendations
  • Volunteer Manager communicates current accounting needs and practices to Professional
  • Volunteer Manager provides a chart of accounts or operating budget, and any financial statements currently being generated (e.g. statement of financial position, statement of activities, or statement of cash flows), outlining current operational constraints with existing system
  • Volunteer Manager conveys any budget and capacity considerations that might apply to ongoing bookkeeping management
  • Note: If necessary, Volunteer Manager should have Volunteer sign a Non Disclosure Agreement (NDA) prior to sharing and discussing Organization’s financial information.
2
Milestone 2: Final Deliverable
  • Professional provides revised list of recommendations, along with cost estimates and preferred vendors to use for implementation
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About the org

Greater Hampton Roads Diaper Bank (New Creation Community)
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Cause
Health & nutrition
Posted by
Herb E
Herb E.

Coordinator

Our mission

Mission Statement: The Greater Hampton Roads Diaper Bank's mission is to build healthier lives free of diaper rash and infections caused by delayed changing of diapers due to diaper need. Meeting this critical need pays off. Babies and adults living in healthier, lower stress environments are likely to be happier, more successful citizens of Hampton Roads.

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