The experts in
not for profit
accounting

Not-for-Profit Accounting

Not for Profit Accounting

At Accounting for Good, we’re proud to be the finance team behind numerous not-for-profit organisations throughout Australia … and we recognise that leaders in the not-for-profit sector make the best decisions when they are informed and in control of their finances.

Our business runs on the desire to empower charities and not-for-profit organisations to use their financial resources in smart and purposeful ways so they can focus on their mission of doing good.

With over two decades in this sector, our foundations are rooted in not-for-profit initiatives and social purpose.

We are fiercely proud of this core strength.

Experts with a social purpose


NFPs exist to make the world a better place. People with compassion, perseverance and an ability to connect with people are the backbone of the sector and NFPs simply wouldn’t exist without them.

We are experts in the not-for-profit sector. And crucially, we understand on a very deep level, the financial constraints, compliance and governance stipulations of this sector.

Experts with a social purpose

We support a wide variety of non-profit organisations including:

  • Charities
  • Peak and Advocacy Bodies
  • Professional Associations
  • Environmental Organisations
  • Education Groups
  • Community Services
  • Social Enterprises

Our guidance and knowledge around industry governance ensure your accounting is transparent and legally compliant.

We implement technology and platforms, provide training and quality financial information and support to empower those who want to change the world.

Our Services


The accounting services that we can provide to a charity or non-profit organisation include:

  • Conversion to Xero if not already on board (and training)
  • Payroll, including salary sacrifice for FBT exempt bodies
  • Grant acquittals
  • Bookkeeping such as accounts payable and accounts receivable
  • Accrual accounting with monthly or quarterly journal adjustments
  • ATO compliance (BAS, IAS, Super, PAYG)
  • ACNC reporting
  • Preparation for audit
  • Budget assistance
  • Financial reports for management and the board
Outsourcing your accounting

We have an experienced team with decades of financial intelligence and accountancy skills.

We partner with you to resolve complicated accounting and bookkeeping issues.

And we do it with a smile.

By outsourcing your accounting needs to Accounting for Good, you are free to focus on your mission to make the world a better place.

Charities FAQs


Where do I lodge details about my non-profit Directors?

There are still a number of responsibilities about lodging details which ASIC retains under company law, and some have been transferred to the ACNC.

If there has been a change in Directors, or details about current Directors, you need to advise the ACNC of the changes.

There is a helpful guide of who-does-what on the ACNC, particularly the table at the end of the web page:

Companies Limited by Guarantee
This ASIC reference confirms this.

I want to start a charity! Where do I begin?

Before you get started down this road, be aware that there are 600,000 non-profits and 55,000 charities. Your idea might already be out there, and you might be better served finding them and working with them. But if you are sure your idea, your passion, is so unique and deserving, then you are about to start a long journey with some pain and a lot of reward. Good luck.

Being a non-profit is a tax status, so the best place to start learning about setting up a non-profit is the Australian Tax Office.

ATO guidance on getting started as a non-profit.

The ATO has a subscription service, The Non-Profit News Service, which emails updates on key tax issues affecting the sector, new publications they release for NFP organisations and changes to the tax law. This is a free service. The Non-Profit News Service.

The Australian Charities and Not-for-Profits Commission (ACNC) also has a guide and is an important stakeholder in charity regulation. Check here first. ACNC Checklist: Before you start a charity.
Our Community – a ‘for purpose’ company – has many resources for charities and non-profits. Definitely worth reviewing. Our Community.

And the NFP Information Hub of Justice Connect is an awesome place to get the legal information you need to get started. Not-for-Profit Law Information Hub.

How do I apply for DGR?

Use this form to apply to be a DGR
Use this form to apply for Tax concessions

What is our organisation’s ‘size’ for ACNC registration purposes?

There are still a number of responsibilities about lodging details which ASIC retains under company law, and some have been transferred to the ACNC.

If there has been a change in Directors, or details about current Directors, you need to advise the ACNC of the changes.

There is a helpful guide of who-does-what on the ACNC, particularly the table at the end of the web page:

Companies Limited by Guarantee
This ASIC reference confirms this.

Contact Accounting For Good

FOR MORE INFORMATION