Non-Profit Organizations Can Avail Bookkeeping Services from IBN Technologies Limited
Non profit organizations can benefit a lot from outsourcing their bookkeeping requirements since it is extremely cost effective, while simultaneously handling the accounting needs of the organization with the expertise, and delegating time consuming administrative duties allowing them to focus on the cause that matters most.
This press release was orginally distributed by SBWire
Wilmington, DE -- (SBWIRE) -- 11/03/2015 -- Within the large marketplace occupied by multiple business enterprises, there is a section of organizations pursue certain ideals and visions catering to the needs of the communities and make our society a better place to live in. These nonprofit organizations carry out their activities without the viable presence of a commercial ownership and highly depend on funding and contributions from program revenues, fundraisers, like-minded contributors, grants, and other sources of income.
IBN Technologies Limited has been offering bookkeeping services in the business domain for more than 15 years. Recognizing the differences and needs of bookkeeping for non-profit organizations, IBN offers its bookkeeping services for them as well.
In case of bookkeeping services for non-profit organizations, there are a number of aspects that are different from usual business enterprises that need to be considered. While most businesses focus on selling goods and services to make profit, nonprofit organizations have to highly focus on maintaining a positive ratio of revenues to expenses so that their community activities can be carried out without any hindrances. Non-profit organization also are exempt from taxes, depending on the approval from the relevant tax authority, which demands a precise and proper maintenance of accounts and bookkeeping. The types of revenues and expenses vary largely from the business counterparts, which also results in a variety of financial reports that are required to be created by the bookkeeping service providers for the nonprofit organization.
IBN Technologies Limited handles all the requisite tasks and responsibilities that a nonprofit organization would ever face in regards to bookkeeping services. All activities are scheduled and planned by their professional bookkeeping staff that lets the organization focus on their core vision of serving the community. By opting for bookkeeping services, the nonprofit organizations can avail budget projections and then compare with the actual results to carry out required adjustments in their actions as needed. Analysis of accounts, when carried out under IBN's bookkeeping service expert professionals, reveals a lot of variables that can be tweaked or eliminated to reduce expenses without compromising on deliverance of services. Financial statements and reports can be aptly generated and presented to investors and other authorities that give a better picture of the organization's standing and their commitment to the cause. Bookkeeping services also take care tax related requirements in the right manner and report them to the respective personnel to ensure continued working of the organization.
Non profit organizations can benefit a lot from outsourcing their bookkeeping requirements since it is extremely cost effective, while simultaneously handling the accounting needs of the organization with the expertise, and delegating time consuming administrative duties allowing them to focus on the cause that matters most. IBN Technologies Limited provides a free trial of their bookkeeping service, which the non profit organizations can opt for and choose to expand their cause to reach more people.
About IBN Technologies Limited
IBN Technologies Limited is a bookkeeping service provider with a customer base covering the USA, UK, Middle East and India. IBN has a State of the Art Global Delivery Centre in Pune, India. IBN processes are ISO 9001:2008 quality certified. In 15 years of operation IBN has evolved as leading IT & BPO outsourcing service provider in BFSI, Travel, Retail Chains & Online Business.
IBN Technologies (US) LLC
108 West 13th Street,
Wilmington, Delaware 19801