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Accounting Systems Review

Help New Covenant Community Development with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
New Covenant Community Development
Chicago, IL, USA
New Covenant Community Development
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New Covenant Community Development
Chicago, IL, USA

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Cause
Community & economic development
Skills
Accounting

Posted March 10th

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Accounting Systems Review
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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 We have Quickbooks, not fully in developed, which should make it easy for you to get started. We also have the ability to answer questions, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to better support our clients

This project will support our growing organization and aid in communication with our Board and funders.

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

New Covenant Community Development
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Cause
Community & economic development
Posted by
Rodney B
Rodney B.

Executive Director

Our mission

To establish community stability though entrepreneurial economic development. We accomplish this through classes, workshops, and one on one business coaching.

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