Why You Should Outsource Payroll Processing

If you think payroll is just about mailing checks and preparing pay stubs, think again. Payroll processing encompasses a wide variety of tasks, from onboarding new employees to tracking hours to ensuring government compliance. For nonprofit organizations and small businesses, it may be tempting to delegate payroll processing to someone who isn’t a payroll expert; […]

Good Steward Financial Company CEO Jasmine Simpson Galloway Invited to Participate in Triad Business Journal’s 10th Annual Bizwomen Mentoring Monday

February 20, 2023, Burlington, NC — Jasmine Simpson Galloway, Founder and CEO of Good Steward Financial Company, LLC, has been invited to participate in the 2023 Bizwomen Mentoring Monday presented by the Triad Business Journal. The 10th annual Mentoring Monday will take place on February 27, 2023, in Cone Ballroom at Elliott University Center on […]

Tracking Financial Positions on a Program Level

Having a clear view of your financial position is essential to bookkeeping for nonprofits. Not only is it an important tool; but a statement of financial position is also required for your nonprofit’s annual audit. Also known as a balance sheet, financial position is an up-to-date report of your organization’s assets, liabilities, and equity. It […]

Understanding Your Workflow in QuickBooks Online Bookkeeping Services

Whether your organization has two employees or two hundred, it’s important to keep track of your workflow. Especially in the days of the hybrid workplace, there are dozens of workflow tracking applications to choose from, but did you know that you can accomplish this task with software that your non-profit or small business already has: […]

Setting Up Your QuickBooks for Grant Tracking and Reporting

Grants are vital to any nonprofit organization’s operations. And while you may breathe a sigh of relief once you have gone through the difficult process of finding, applying for, and receiving a grant, your work isn’t done there! Grant tracking is just as important for bookkeeping for nonprofits as the funds you receive. Thankfully, you […]

Good Stewards of Our Community

November is a time for gratitude and giving back. At Good Steward Financial Company, we don’t just remember these values at Thanksgiving; they are at the forefront of our operations 365 days a year. Good Steward Financial Company is a premier nonprofit bookkeeping service, providing a broad range of 501c3 services customized to your organization’s […]

Why Regularly Reconciling Your Business Accounts is Important

Running a 501c3 nonprofit organization is difficult. There are so many moving parts to take care of, and it can be difficult to keep track of everything–but you have to make sure that you regularly reconcile your business accounts. If you don’t have any idea what we’re talking about, don’t worry! You don’t have to […]

What is a Fractional CFO, and Why Are They Important?

Your small business or nonprofit does a lot with a little. You’re experts in making the most of your resources and budget. You know where to invest and where to cut corners. But there is one corner you should never cut: a Chief Financial Officer. No matter how large or small your organization is, you […]

Bookkeeping: What You Need to Know for Your Business

You’ve recently launched a small business. Congratulations! You must have a million ideas for what to do next, but before you get too carried away, you need to make sure you have a plan for bookkeeping. Good Steward Financial Company is a virtual bookkeeping service, and we specialize in guiding small businesses like yours through […]

3 Tips for Finding a Reliable Bookkeeping Service

Once you’ve decided that your small business or nonprofit needs a bookkeeping service, you may be at a loss for where to start. Choosing a bookkeeper is an important decision. The right bookkeeper can save you time and money, freeing you up to focus on your mission instead of getting lost in the nitty-gritty. However, […]


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