Remote Accounting for COVID-19 and Beyond

We’re not out of the woods yet, but with increased vaccine distribution, continued caution, and the easing of some local COVID-19 restrictions, you may be wondering when it’s safe to return to an in-person office environment. Wild Apricot recently published a thoughtful series of questions to help you determine when it’s time to re-open your nonprofit office.

One big question that nonprofits should consider is whether a role even needs to be “in-person.” Prior to the pandemic, many organizations and businesses were uncomfortable with remote working. This was often because they had simply never tried it or experienced it before. But after so many people received the ultimate crash-course in telecommuting, many organizations have become more open to long-term remote working.

For busy nonprofits, this flexible outlook comes with some additional benefits. Every nonprofit leader knows the struggle of wearing too many hats and covering too many duties. Many nonprofit directors and managers also serve as their organization’s de-facto bookkeeper, and often try to avoid the expense of hiring a trained accountant - even when they really do need one. For these “in-between” organizations that need extra help but can’t quite justify creating a new position, outsourced accounting has always been a great option. And while social distancing is still the rule, a virtual or remote outsourced accountant is even better!

Our CFO Solutions accounting service for nonprofits provides cloud-based accounting, financial statement preparation, grant tracking and restricted fund tracking, digital document storage, electronic bill payments and approvals, and more. All services are performed remotely by our full team of experienced nonprofit specialists at a fraction of the cost of an in-house CPA. When your in-person capacity is limited (and you’re reaching your personal limit too) you can turn to an accounting firm that’s experienced in both the nonprofit environment and the remote working environment.

For more information on CFO Solutions, click here or get in touch with our team.