At Hopscotch Accounting, we offer accounting services designed specifically for Australian Not-for-Profit (NFP) organisations.

Our expert team is always up-to-date with NFP requirements for good financial governance, transparent accounts, and timely financial reporting, including state regulations for registered charities and Incorporated Associations.

We take the time to understand different NFP organisations of varied sizes, shapes, and purposes. We learn about their priorities so we can develop accounting systems that meet their organisational needs. 

Our use of Cloud Accounting technologies ensures simplified accounting processes for NFPs by providing sound financial systems that are flexible, streamlined, and cost-effective.

Not sure where to start when it comes to NFP accounting? We are here to help. Our services include: 

GST & FBT

Goods and Services Tax (GST) reporting and Fringe Benefits Tax (FBT) concessions often vary for NFPs. At Hopscotch Accounting, we work with NFP clients to ensure that they are on top of reporting requirements and associated tax concessions.

These include:

• Goods and services tax concessions
• Fringe benefits tax rebates
• Deductible gift recipient (DGR) status
• Tax concessions from the state, territory, and local governments

Acquittals, Fair Trading & ACNC Reporting

Grants are a major source of funding for NFPs, and we’re here to help from the initial stages of an application’s budget, right through to reporting requirements, assurance services, and the all-important acquittal stage.

Acquittals may require an audited financial statement, in accordance with Australian Accounting Standards, to be prepared by an approved auditor. A grant acquittal may include these components:

• The financial report
• Documentation of activity performance
• Written reports
• Where funding was spent
• The funding agreement

Since 2012, the Australian Charities and Not-for-profits Commission (ACNC) has required that charities in all states meet their obligations and submit financial reports. At Hopscotch Accounting, we can provide financial expertise to NFPs and help you every step of the way.

Budgeting and Cashflow Forecasting

Our team at Hopscotch Accounting can help your NFP set a budget and cashflow forecasting so that you can:

• Track KPIs to measure strategies and outcomes
• Provide financial insights so you get a handle on your numbers and what they mean in relation to the financial health of your NFP
• Regularly meet with clients to ensure that everyone is on the same page
• Provide cash flow forecasts to help you plan ahead and set strategies

At Hopscotch Accounting, we are here to help provide guidance and advice about financials and strategies to give your NFP the best chance for success.

Financial Reporting, Dashboards, and KPI Analysis

We have experience working with NFPs and their financial reporting requirements. Our services include:

• Financial Reporting
• Financial Statements
• Tax Returns
• Business Activity Statements and Instalment Activity Statements
• ATO audit support
• ASIC & Company Secretarial – Hopscotch Accounting will assist you in complying with your reporting requirements to ASIC as a company director.
• Workers’ Compensation Annual Declarations
• Dashboards & KPI Analysis

Hopscotch Accounting can set up automated, virtual accounting systems and processes that feed your Dashboard with information related to your cash flow, invoicing, budgets, and more.

Bookkeeping and Payroll

Bookkeeping and payroll are crucial areas of your NFP.

Often bookkeeping and payroll tasks are conducted by a staff member who may not be aware of the benefits of new technological developments that can save your NFP time and money.

Our bookkeeping services are backed by the knowledge of our team of qualified Accountants. We ensure that your BAS preparation is easy and efficient, by preparing and lodging your reports for you and implementing automated services to improve efficiency. We also handle Annual reconciliations and PAYG Withholding.

Our Hopscotch team ensures your payroll system is correctly established, maintained, and supported so its efficiency is maximised.

Outsourced Accounts Department

An outsourced accounts department can help your NFP by achieving efficiencies and freeing up your staff to focus on other key areas of your operation.

As your Outsourced Accounts Department, our team at Hopscotch is here to: 

• Take the burden off your staff, ensuring that all accounting tasks are catered for using automation and cloud technology.
• Simplify processes within your NFP, ensuring that compliance requirements and deadlines are met.
• Save you time and money that can be fed back into your worthwhile activities.
• Provide timely professional advice backed by our Chartered Accountant qualifications and experienced team.

At Hopscotch Accounting, we use award-winning technology for our Not-For-Profit clients. We provide cutting-edge, cloud-based accounts services and advice to the not-for-profit sectors. 

Our team has years of experience and can help you save time and money, so you can focus on servicing your clients and customers.

To learn more about how we can help, contact us at 1300 HOP 123 or admin@haccounting.com.au