Accounting services for Nonprofits | XP

Accounting Services for Nonprofits

Accounting for a nonprofit organisation isn’t just about balancing the books — it’s about aligning financial practices with purpose. At XP, we work exclusively with nonprofits, providing tailored nonprofit accounting services that help mission-driven teams manage their finances with clarity, compliance, and confidence.

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What we offer

Our accounting services for nonprofit organisations are designed to give you confidence and control:

  • Strategic Accounting Setup — Configure your chart of accounts, tracking categories, and approval workflows to reflect your programs, grants, and operational needs.
  • Cloud-Based Tools — We implement and support platforms like Xero and Microsoft Business Central, offering real-time visibility and seamless integration with payroll, CRM, and donor platforms.
  • Grant and Fund Management — Track restricted funding, allocate expenses correctly, and generate reports that meet funder requirements.
  • Financial Controls & Compliance — Use tools like ApprovalMax to streamline approvals, enforce spending limits, and meet audit standards.
  • Reporting & Board Packs — Build clear dashboards and nonprofit accounting reports that show financial health, program spend, and funding gaps — all in plain language.
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How is nonprofit accounting different?

Nonprofit accounting is not the same as commercial accounting. Charities, social enterprises, and education providers must track funding sources, meet grant conditions, and report to boards, donors, and regulators.

That means:

  • Restricted vs. unrestricted funds must be tracked separately
  • Program vs. admin costs need clear categorisation
  • Grant reporting must align with funder expectations
  • Transparency and accountability are essential — not optional

XP understands how nonprofit accounting is different. Because we work only with nonprofits, we design accounting systems that fit your structure, funding sources, and reporting needs.

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Certified, connected support

Our accounting team includes certified professionals with deep experience in accounting for nonprofit organisations. Because XP works exclusively with nonprofits, we understand the sector’s unique needs — from grant tracking to compliance and board reporting.

This service also connects with XP’s broader financial offerings, including:

  • Bookkeeping Services — Day-to-day transaction management, reconciliations, and payroll
  • Process Outsourcing — Augment your finance team with skilled XP professionals

Are you ready to simplify your nonprofit's accounting?

Talk to our team or book a free call to explore how XP can support your mission.

Talk to our team