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Accounting Systems Review

Help Culinary Concepts AB with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Culinary Concepts AB
Charlottesville, VA, USA
Culinary Concepts AB
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Culinary Concepts AB
Charlottesville, VA, USA

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Cause
Community & economic development
Skills
Accounting

Posted April 15th

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
Additional details

Need help with quickbooks

What we have in place
  • We currently have the basic system set up and running, which should make it easy for you to get started. We also have accounts set up, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to have a better understanding of our finances

By getting our QuickBooks organized, will allow us to better understand revenues and forecast for future revenues

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

Culinary Concepts AB
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Causes
Community & economic development Diversity & inclusion Education
Posted by
Antwon B
Antwon B.

President

Our mission

Culinary Concepts, AB inspires young adults to invest in self-development by teaching them culinary arts in an eco-friendly environment. Our goals are to foster student adaptability, unity, and creativity. We aim to inspire community support and promote social and economic change

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