Presentation Transcript

1. For Non-Profit Organizations QuickBooks®
2. What We Will Cover What is the proper version of QuickBooks® to purchase Proper setup of data file, Chart of Accounts, Donors, Programs, Functional Expense Reporting Actual Look Into Program Overview Creating Financial Reports for the Organization Other consideration
3. QuickBooks® the Correct Version QuickBooks® Premier Non-Profit Edition Smaller Non-Profits with limited users accessing software, 1 to 5 users Version Specific for Non-Profit, built in reports and form templates QuickBooks® Enterprise Edition Non-Profit Edition Larger Non-Profits with expanded multi-user accessing software, 5 to 30 users Additional User Security capabilities Same Version Specific for Non-Profit, built in reports and form templates
4. QuickBooks® Pricing QuickBooks® Premier Non-Profit Edition $200-$250 QuickBooks® Enterprise Edition Non-Profit Edition $600-$700 Can also purchase at QuickBooks Online, Office Max, Office Depot, Sam’s
5. Proper Setup of Data File Chart of Accounts – Key to any Setup Setting Up and Working with Donors/Grantors Item List Using Class tracking for Program Operations Functional Expense Tracking and Reporting
6. Actual Look into Program Overview
7. Creating Financial Reports Statement of Financial Income and Expenses Statement of Financial Position Statement of Functional Expenses Donor/Grantor Reports Program/Project Reports Budget Reports
8. Other Considerations Year end Donor Reporting Third Party Application for industry specific Custom Reporting for Grants 990 Tax Reporting