Running a non-profit is hard enough. With the help of the Proposal Pack it allowed us the template we needed to help get our proposal off to a successful start! The professional look I wanted was already created no need to reinvent the wheel just use what was already there. The Proposal Kit folks already knew what would work and it did for us!"
Use this page to describe how you propose to record and maintain financial transactions for your clients organization or for your own. Depending on the type of proposal you are writing you may need to include in your discussion the names of responsible parties; accounting practices and software used; the types of typical transactions to be recorded; how when and to whom you will report financial transactions; and how when and by whom audits will be performed. You may also need to discuss tax forms and payments and other financial matters specific to particular business. Note that Proposal Kit includes specific financial templates for presenting actual figures such as Break Even Analysis Cash Flow Analysis Cost Benefit Analysis Profit & Loss Statement Financial Statement and many others. Introduce the general topic of accounting here and explain why you are including this page. For example must you account for every penny that flows through your organization or your project. Are you offering accounting services that your client needs for the clients organization. Explain the typical types of transactions you expect to record and then go on to describe how you will do that by filling in the categories below. You may need to add headings that are specific to accounting practices for your particular type of business. Overview Insert general description of the accounting practices here. For example you might want to describe your accounting bookkeeping personnel basic accounting methods software used and so forth. Accounting Schedules
Insert discussion of typical accounting timelines here. For example how long does it take transaction to be recorded how often are accounts reconciled when are reports made available. Reporting Insert discussion of what sort of reports will be provided when and to whom. For example you might need to update customers online account within seconds after each transaction is recorded provide daily transaction record to supervisor provide quarterly records to stockholders and taxing authorities and provide yearly summaries for annual reports. Be as specific as possible about who performs the tasks when they will happen and how they will be done. Audits Every accounting system must be periodically audited to ensure that all transactions are accounted for in legal ways. Explain how often the accounts will be audited by whom and how results will be reported. You may also want to explain how needed changes or corrections will be made if an audit indicates problem.
Taxes Unless you have already covered this topic under Reporting explain how and when all required taxes will be calculated and paid. Summarize the topic of accounting here highlighting any points you want to emphasize and referring to other pages as needed to provide details. Web site domain URL