“May Your Choices Reflect Your Hopes Not Your Fears.”
Nelson Mandela
Our Services
Accounting Services:
Accounting and Procedures Manual
KM Accounting Solutions will assist in developing a comprehensive policies and procedures manual for the Client’s internal financial processes. This manual is to be used by the Client and its employees to assure that the Client’s financial resources are properly safeguarded and utilized only for authorized purposes. The accounting manual will ensure:
• Segregation of duties, when possible, within the organization based on functional responsibilities
• A system of authorization and record retention
Bookkeeping
Maintaining accurate records can be a burden to the business owner. With well-kept records, regular reports, and a clear understanding of your current financial position, you are simply much less likely to make costly errors. Bookkeeping Services include:
• Recording, classifying, and posting transactions
•Reconciling bank, credit, and loan statements
• Financial statement preparation (including reports tailored to your needs)
• Customized chart of accounts
• Adjusting Entries
• Year-end financials for your CPA or Tax Consultant
• Preparation of Annual 1099 Forms
• QuickBooks Company Setup
Grants and Contracts Management:
Grant Compliance and Management
KM Accounting Solutions possess the skills necessary to interpret grant policy and procedures, to read and interpret grant guidelines and contracts, and to communicate effectively both orally and in writing. When grants require post award compliance, reporting, and administration/management, KM Accounting Solutions will prepare required agency reports and submit them by the due date. We propose that to the extent legally allowed, the Client hire KM Accounting Solutions as grant administrators when dollars are available from within the grant at no additional cost to the Client or services may be provided at an hourly rate.
Grant Proposal Development
Once a grant has been identified, KM Accounting Solutions will work with staff to interpret guidelines and gather information necessary for a strong financial narrative and budget for the grant proposal. After learning about the Clients history, needs, and how the award will positively impact the Clients project, we are then able to compile that information to develop a clear and concise grant budget to explain in both textual and numerical forms how funding will be utilized.