Using QuickBooks for Nonprofits

Posted on 09/01/2023 by Niko Venev

Nonprofits can face unique challenges because their tight budgets mean that they don't always have the same access to the tools that large corporations do. They may also have small staffs, making it tougher to handle everything that needs to be done to encourage, track, and use donations to further the cause. But QuickBooks can help to make a lot of this work easier, streamlining tasks like tracking revenue from donations and grants, keeping a running tab of expenses, managing tax paperwork, and creating annual reports for donors to help maintain transparency.

       

Live QuickBooks Instructor-led Courses

Course Title Length Price (USD)
QuickBooks Online Edition: Basic course 1 day $445
QuickBooks Desktop Edition: Basic course 1 day $445
QuickBooks Desktop Edition: Advanced course 1 day $445
QuickBooks Desktop - Combo (Basic & Advanced) 2 days $810
       

Self-Paced QuickBooks eLearning

Course Title Length Price (USD)
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What Are the Common Uses of QuickBooks at Nonprofit Organizations?

Using QuickBooks for nonprofit organizations can help you with:

  • Keeping track of donations, scheduled contributions, grants, pledges, endowments, and other revenue streams
  • Keeping track of expenses such as operational and program costs, vendor payments, salaries, and other invoices
  • Having a detailed record of donors that protects their data
  • Issuing customized donation receipts with the logo and branding of your specific organization
  • Sending customized thank you letters to donors using ready-made templates that automatically populate with the donor's specific data
  • Maintaining program-specific budgets by comparing projected revenue with what is actually taken in as well as the finances for every program throughout the years
  • Pulling specific records at any time to create custom reports
  • Seeing all of your accounts in one place to get a better view of your current financial standing
  • Automating tedious tasks like calculations and data entry

QuickBooks nonprofit software truly shines when it's being used for accounting and reporting on funds because the nonprofit-specific editions are set up to ensure that these tasks can be handled in compliance with the best practices for your type of organization.

 

Which QuickBooks Is Best for Nonprofit Organizations?

Many nonprofits find that the QuickBooks nonprofit edition is best, as it includes powerful features that can help with grant and donation management as well as filing your Form 990 with the IRS at the end of the year. You'll just need to choose which of the two major QuickBooks categories works best: online or desktop.

QuickBooks Online

The online version of QuickBooks for nonprofits requires no downloads. It's cloud-based software that can easily be accessed through the Internet and requires a monthly subscription fee. This is a great choice for nonprofits that want to be able to access the software from multiple different devices, take advantage of more automation from their accounting program, and have a user-friendly interface. There are two tiers of this version of QuickBooks: Plus, which allows up to five users and is a great option for smaller nonprofits, especially those that also sell products or services; and Advanced, which is perfect for larger, more established, nonprofits because it allows up to 25 users and has more automated workflow options and advanced analytics.

QuickBooks Desktop

QuickBooks for nonprofit organizations can also be downloaded and installed directly onto a computer for those who need more industry-specific features and more advanced tools for accounting. There are three different versions of this software: Pro Plus, which is good for smaller nonprofits with up to three users; Premiere Plus, which is a great option for growing nonprofits and offers support for up to five users; and Enterprise for large and established nonprofits, which allows for up to 40 users.

 

Get QuickBooks Made Easy for Nonprofits With Hands-On Training

Getting started with QuickBooks nonprofit accounting software can be daunting if you've never used it before, but at Certstaffix Training, we can make learning QuickBooks easy for you and your staff. Our hands-on, instructor-led QuickBooks training classes equip busy professionals with the skills they need to use this powerful software in just a day or two! You can learn either the online or desktop version of QuickBooks with our knowledgeable instructors, and we have courses suitable for beginners as well as more advanced users. We also offer an e-learning option for people who would rather study on their own at their own pace. Enroll in our courses today to help you and your team feel confident in using QuickBooks to handle your nonprofit's accounting!

 

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Self-Paced QuickBooks eLearning courses cost $300 at the starting point per student. Group purchase discounts are available.







 

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