Accounting Services

We offer a number of accounting services for your chapter.  Please reach out to us to learn more.

Accounting Services We Offer

Accounting

  • Preparation of customized financial statements
  • Assistance in budget preparation
  • Reconciliation of bank accounts
  • Consultation with problem areas
  • Preparation of Form 990 and/or 990-T
  • Consultations with treasurers, house directors, and house corporation members

Accounts Receivable

  • Maintenance of membership records
  • Preparation and emailing of member billings
  • Preparation and emailing of member statements
  • Receive payments and make deposits to your bank accounts
  • Accept Visa/MasterCard/Discover/American Express
  • Daily posting of transactions

Accounts Receivable Management

  • Monitoring of member accounts
  • Mailing reminder and delinquent letters to members
  • Collection of problem accounts through national collection agency

Accounts Payable

  • Timely payments to vendors
  • Maintain relationships with vendors
  • Preparation and mailing of checks
  • Preparation of Form 1099

Payroll

  • Maintenance of employees earnings records
  • Quarterly tax returns
  • W-2 forms
  • Timely tax deposits
  • Correspondence with IRS
  • Timely garnishment remittances

Returned Checks

  • No cost collection of returned checks
  • Notification when checks are returned and paid

Cash Management System

  • Encourages fiscal responsibility
  • Accounting services
  • Maintenance of checking accounts
  • Accounts payable disbursements
  • Payroll disbursements
  • Controls chapter spending

Full Accounting & Bookkeeping Services

  • Invoice processing & payment
  • Short-term & long-term budgeting
  • Balance sheet & income/expense reporting
  • General ledger reporting
  • Payroll processing & reporting
  • Room & board payment processing
  • Associate member & member housing agreements & contracts
  • Online payment portal
  • Federal, state & local tax returns
  • 501c3 & 501c9 accounting
  • Annual & capital campaigns

Partial List of GLS Accounting Clients:

Delta Chi Fraternity, Delta Chi Fraternity Foundation, Delta Upsilon Fraternity, Tau Kappa Epsilon, Acacia, Delta Upsilon Eductional Foundation, Phi Sigma Rho Sorority, Delta Tau Delta, Kappa Sigma, Delta Sigma Phi Fraternity, and Triangle Fraternity. 

Interested in GLS Services?

Contact us today to learn more about how we can help you!
Contact Us