Tanisha Williams Launches JD Accounting Solutions To Provide Accounting Services to Nonprofits

March 23, 2012 - PRLog -- Upland, California – Tanisha Williams today announced the launch of JD Accounting Solutions.  JD Accounting Solutions will specialize in providing accounting services to Nonprofit Organizations.

JD Accounting Solutions was established to assist nonprofits in developing sound financial practices that will assist them in the planning, measurement, and control of their organization’s operations.  Our technical, financial and analytical skills, along with our expertise in nonprofit accounting, will ensure that nonprofits are in compliance with laws, regulations and financial reporting requirements of funding agencies.

Because JD Accounting Solutions specializes in nonprofit accounting, we are knowledgeable of the unique recordkeeping requirements that are not typically imposed upon “for-profit” companies. Our services include: Posting financial transactions to appropriate ledgers; Preparing monthly financial statements; Preparing depreciation schedules; Developing cost allocation plans; Preparing monthly allocation reports; Preparing monthly budget variance reports; Reconciling bank statements; Preparing annual cost reports; and Preparing IRS 990 tax forms.  In addition, our financial recordkeeping practices are in line with OMB Circular No. A-122 regulations.

According to Cheri Dohnal, an eHow Contributor, “Non-profit organizations (NPOs) have a special set of accounting rules that do not apply to other businesses. They answer to the government, like everybody else does, but they also answer to granting agencies, boards of directors, and often several additional layers of government that other businesses don't.”  Consequently, the need for Accountants specializing in nonprofit accounting services is a definite necessity for nonprofits wanting to thrive and succeed.

In summary, the mission of JD Accounting Solutions is to provide a full-range of accounting services to Nonprofit Organizations, with an emphasis on ensuring the Organization’s compliance with contract, grant and governmental regulations.