Financial Services
Matrix on Board provides financial management expertise to non-profit organisations. The Matrix team works alongside your organisation to support you to adopt best practice financial management systems. We provide bookkeepers and accountants who are experienced in processing financial transactions and producing financial reports that builds the capacity and sustainability within your organisation.
What’s the advantage of using Matrix?
Matrix has supported non-profit organisations across Australia since 1997. Our team includes qualified financial management staff and experienced consultants who work with your organisation to create tailored solutions based on your needs.
Matrix’s bookkeepers and accountants offer quality, independent advice that helps you to understand and manage the finances of your organisation. We work with your team to integrate your cost centre budgets with MYOB to efficiently produce high-quality information, while reducing the risk of handling errors.
What will your organisation achieve?
Matrix will assist your organisation to comply with industry legislation and regulations using up-to-date financial information. Staff and Board members will increase their financial knowledge and will have the capability and confidence to ask the right questions of accountants, auditors and funders.
How will your organisation benefit?
Your organisation will benefit from:
- The establishment and maintenance of a comprehensive financial administration system
- Long or short-term bookkeeping and accounting assistance
- Training in bookkeeping and accounting, to grow the capability of staff
- Sound financial reporting to inform decision-making
- Our Budgetlink tool that integrates your cost centre budgets with MYOB to produce high quality information and reduces the risk of handling error
How is this service delivered?
Matrix can provide professional support to your organisation on or off-site. We are able to provide remote services where in-house bookkeeping and accounting is unfeasible because your organisation is small or located in a remote area.
Matrix can also provide a full accounting and bookkeeping service or support your existing in-house accountants and bookkeepers.
We will work with you to develop and improve:
- Your understanding of your organisation’s finances
- Monthly and quarterly financial reports
- Budgeting and forecasting practices
- Cost centre performance reports
- Acquittal reports for funders and donors
- BAS, PAYG, FBT and other tax reports
- Audit preparations and Statutory Accounts
- The financial information on applications for grants
- Preparation of accruals and monthly adjustments
- Reconciliation of accounts
- Managing payables and receivables
- Payroll management to ensure employees are paid correctly and on time, including the processing of fringe benefits and salary packaging
To talk to a Client Manager nearest to you about Financial Management services, click here
Cloud Accounting™
Matrix also provides a Cloud Accounting service. The Cloud Accounting system is a web-based tool that enables you to enter information about your organisation which is retrieved by our qualified accountants and bookkeepers. This information is then checked, processed, reconciled and adjusted to produce a variety of reports.
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