QuickBooks for Nonprofits

You need good financial information to make decisions, solve problems, and protect resources. “QuickBooks for Nonprofits” is designed to get you what you need to effectively run your organization. This class is essential for all nonprofits using QuickBooks Desktop.

Over the course of this three-part series, we will share practical advice on how to adapt the flexible features of the popular QuickBooks accounting software to meet the robust tracking and reporting needs of nonprofits. This class is for those who know the basics in QuickBooks but want to get the most out of their system, setup, and reports.

This class is presented using QuickBooks Desktop version. It does not cover QuickBooks Online version or payroll. It was presented using the PC version (not Mac).

Topics Include

• Nonprofit Accounting Basics
• Internal Controls and Security
• Financial Statements and Reports
• Chart of Accounts
• Cost Allocation
• Tracking Restricted
• Contributions/Releases
• Bank Reconciliations
• Tips, Tricks, and Common Mistakes

Course Outline

Part one will focus on structure, set up and navigation:

• QuickBooks Navigation including backup and restore
• Using QuickBooks including users, passwords and preferences
• Managing lists

Part two will focus on reporting and data entry techniques:

• Financial reporting including exporting to excel
• Banking transactions and reconciliations
• Bills and credit cards
• Invoices and receipts

Part three will focus on more advanced topics:

• Journal entries and when not to use them
• Cost allocations and release of restrictions
• Budget entry and reporting