Accounting for Member Associations
Lescault and Walderman provides integrated accounting solutions to empower 501(c)6 associations to focus on the needs of their members and nonprofit operations.
Implement internal controls to ensure accounting checks and balances.
Utilize management software to streamline your operational data.
Use reporting to meet board-manded requirements and make better decisions.
- Are you experiencing weak data flow between your member system and your accounting system?
- Do you have challenges reporting on your revenue segments?
- Are you operating from an inaccurate or uninformative budget?
Don’t use non-integrated systems and outdated technology. When you do, you spend outrageous amounts of time and money manually managing data. You also risk errors that can skew decisions. You can’t afford to be so inefficient and wasteful.
It doesn’t have to be this way.
5. Engage Us For Your Needs
If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!
We know you need a system that makes it easy to manage and profit from your financial information. Your challenge is finding, implementing and migrating to such a system.
Your accounting systems need to integrate with your member management system. These two critical assets must seamlessly share data back and forth so you can employ appropriate resources to guarantee the level of service your members deserve.
You need to be able to track your income down to individual revenue lines. Proper classification allows you to distinguish between your products and services and quantify results. Knowing your highest-grossing and most profitable streams will help you to optimize results.
Your budget should be the backbone of your organization. You need robust budgeting support to help you realize the real costs of your operation. With a reliable budget, you will be able to provide more precise and practical guidance to address your constituents’ needs.