The forms of operation of non-governmental organisations force out the adaptation of accounting and financial services to the specific requirements of law, methods of financing and management of NGO.
While performing the public benefit tasks financed from various public and private sources as well as European resources, it is necessary to meet the requirements imposed by the grant-giving organisations – financing institutions. To a great extent, these requirements refer to accounting and finances. Accounting in the third sector of NGO is a new and variable field, requiring constant complementation of knowledge. The rules for keeping accounting books in non-governmental organisations require familiarity with such issues as accounting separateness of the implemented projects and programmes, paid and unpaid work for public benefit or conducted business activity.
Non-governmental sector must comply with separate tax regulations and financial reporting rules. The non-governmental organisations often run projects finance from the European resources, whose spending requires the observation of regulations concerning accounting, as well as implementation of difficult budgeting and resource settlement procedures. All these issues are perfectly known to the Frux team. We develop our knowledge and competences in regard to accounting and finances of NGO on a regular basis.
We cooperate with experts in the field of NGO’s: lawyers, tax specialists, specialists dealing with financing of activity from public and European resources, specializing in the third sector, in order to provide our services in the best possible way.
- Nominal ledger keeping,
- HR services,
- Design services, support in preparation and implementation of projects financed from the European resources and other sources,
- Coordination of debt collection,
- Employment of disabled persons – coordination of recruitment and handling the financial backing system,
- Keeping the Nominal Ledger in accordance with the applicable regulations
- Keeping the VAT registers
- Preparation of relevant tax returns
- Delivery of the above-mentioned tax returns to the relevant Inland Revenue Offices
- Preparation of reports for statistical and tax purposes
- Representation before the Inland Revenue Offices and other authorities
- Establishment of the individual Unit Account Plan
- Keeping records of fixed assets
- Settling accounts with the Clients
- Preparation of tax payment documentation
- Supervision of deadlines for tax payments
- Provision of clarifications to the Ordering Party and its request, related to the performance of the Agreement
- Preparation of the payroll for the Client’s employees
- Preparation of the forms and declarations required by the law, related to the insurance of the Client’s employees, and their delivery to the relevant authorities
- Keeping personal payslips of the employees
- Preparation and delivery of documents related to the Client’s role as the payer to the relevant authorities
- Preparation of payment documents resulting from the performance of the agreement
- Keeping personal portfolios
- Preparation of documents related to conclusion and termination of employment contracts
- Preparation of appropriate annexes
- Care for timeliness of medical examinations and training in occupational health and safety regulations
- Calculation and control of the holidays to which the employees are entitled
- Storage of the above-mentioned documents
- Support for the application process in terms of finances
- Project budgeting
- Preparation of the finance-accounting documentation for the projects
- Current supervision of the project finances
- Preparation of financial statements in regard to the projects
- Preparation of applications for payment in terms of finances
