QuickBooks Desktop Not for Profit Organizations

Create a new QuickBooks desktop file for a not-for-profit, set up chart of accounts, items, forms, class tracking, and job costing, then enter journal entries with an Excel worksheet.

Create a new QuickBooks desktop company file for a not-for-profit, set up a custom chart of accounts, and choose the not-for-profit industry to shape net assets.

Turn on class tracking in QuickBooks desktop for not-for-profit organizations, configure preferences to prompt class assignments, and set up unrestricted and restricted classes with program, admin, and fundraising subcategories.

Learn how to record donated office space in QuickBooks desktop for a nonprofit, using a noncash transaction that debits rent expense and credits contributions, with a donor receipt and reports.

Learn to record a cash donation in QuickBooks Desktop for not-for-profit organizations, track donors, issue donation receipts, and reconcile deposits with the checking account.

Record a donor pledge in QuickBooks desktop, set up contributions receivable and restricted contributions, and use jobs and classes to track restricted versus unrestricted funds.

Record a government grant transaction in QuickBooks desktop for a not-for-profit, assign donor restricted contributions, and use jobs and classes to track restricted funds with accrual and cash reports.

Record salaries expense in QuickBooks desktop using journal entries and checks, including accrued salaries and salaries payable, and review the trial balance and profit-and-loss by class.

record a donor pledge for a construction project in quickbooks desktop, account for donor restrictions, contributions receivable, and the discount on contributions receivable.

Learn to record furniture purchases as fixed assets and donations as unrestricted contributions in QuickBooks desktop, using sales receipts, undeposited funds, and class reports.

Learn to record month-end expenses in QuickBooks desktop for nonprofit organizations using journal entries, cash and payables, and fund raising class tracking.

Learn how to record adjusting entries in QuickBooks for a nonprofit, including journal entries for provision for uncollected pledges and depreciation, with contra asset accounts and fund raising class.

Allocate expenses to classes by function using QuickBooks desktop, applying 40/20/20/20 percentages to programs, admin, fundraising, and ensure readable board reports with function-based and natural-category breakdown.

Explain recording net assets released from restrictions in QuickBooks Desktop for not-for-profit organizations, reclassifying restricted funds to unrestricted with class and job tracking, and reporting via two-column profit and loss.

Learn how to close accounts in a not-for-profit using QuickBooks desktop, including allocating between net assets without donor restrictions and those with donor restrictions, and posting the final entries.

Explains the not-for-profit statement of financial position in QuickBooks desktop, from adjusted trial balances to net assets. Demonstrates separating net assets by donor restrictions and exporting reports to Excel.

Learn how to generate and customize the restricted net asset detail report in QuickBooks desktop for not-for-profit organizations, using classes, jobs, and Excel formatting to track restricted funds.

Create and simplify a nonprofit's statement of activities in QuickBooks desktop, grouping expenses by function and nature, with donor restrictions, then export to Excel for board-ready reporting.

Learn to manage multiple years of operations in QuickBooks Desktop for not-for-profit organizations by restoring a backup, entering beginning balances, and using class tracking and job costing to generate reports.

Learn to restore a backup file in QuickBooks desktop to a writing file, creating beginning balances for a not-for-profit practice problem and organizing files on the desktop.

Review a not-for-profit practice problem in QuickBooks, examining beginning balances, the trial balance, and net assets—unrestricted and restricted—and use class tracking and jobs for reporting.

Record cash received from grants in QuickBooks desktop for not-for-profit organizations, tracking grants receivable, deposits, and unrestricted versus restricted funding.

Record contributions, dues, and tuition and fees for a not-for-profit in QuickBooks desktop, tracking unrestricted versus restricted revenue with classes, items, receipts, and deposits.

Record craft sales and the commission revenue for a not-for-profit using QuickBooks Desktop, setting up cash, crafts payable, and a consignment workflow within an exhibition program.

Learn how to record interest income for not-for-profit organizations in QuickBooks Desktop, distinguishing restricted and unrestricted amounts, and tracking them by jobs and classes for accurate net position reporting.

Record grants receivable and deferred revenue, i.e., unearned revenue, in a not-for-profit using QuickBooks desktop; explore trial balance, invoicing, and deferring revenue to track corporate grants and unrestricted contributions.

Learn how to record donated office space for a not-for-profit in QuickBooks Desktop, treating it as an unrestricted contribution and rent expense using a clearing account and a sales receipt.

Learn how to record month-end expenses for a not-for-profit in QuickBooks Desktop, including setting up vendors, writing checks, posting salaries, utilities, and other expenses by fund raising class.

Record the sale of a short term investment in QuickBooks desktop, increasing cash and decreasing the investment, with no gain or loss, and classify the entry to fund raising.

Record the release of net assets from donor restrictions in a not-for-profit QuickBooks desktop scenario, showing how restricted and unrestricted balances affect journal entries, reports, and job tracking.

Record the release of net assets from restrictions when endowment income funds community education, using QuickBooks Desktop for not-for-profit transactions with class and job tracking.

Learn to allocate not-for-profit expenses by function in QuickBooks desktop, using classes to convert by-nature reporting into a function-based statement of activities with 30/30/25/15 allocations.

Record a payable payment to a craftsman in quickbooks desktop for not-for-profit organizations, debiting the craftsman payable and crediting cash via a check, reducing liabilities without affecting the income statement.

Walk through closing entries for not-for-profit organizations in QuickBooks, linking adjusted trial balances to net assets, with emphasis on restricted versus unrestricted net assets and proper reallocation.

Analyze the statement of financial position for not-for-profit organizations using quickbooks desktop, comparing trial balance data, adjusted trial balance, and net assets—restricted and unrestricted—through formatting, reporting, and excel export.

Learn to generate a not-for-profit statement of activities in QuickBooks desktop, reporting revenue and expenses by function and by nature, with unrestricted and restricted donor funds, and export to Excel.

Learn to generate a restricted net assets detail report in QuickBooks Desktop for not-for-profit organizations by using class and job filters, customizing reports, and linking to the balance sheet.

Work through a comprehensive not-for-profit college problem, focusing on account types. Use backup files to build step-by-step journal entries in Excel, then enter data in QuickBooks and review reports.

Learn how to restore a QuickBooks backup file for a not-for-profit and set beginning balances for the practice problem. Verify the chart of accounts after restoration.

Review a private college QuickBooks practice problem, converting an Excel guide into QuickBooks entries, using class tracking and jobs to track restricted and unrestricted net assets.

Record tuition and fees in QuickBooks Desktop for not-for-profit operations, tracking accounts receivable, revenue, and the discount and allowances to reveal the net collectable, including refunds.

Record a tuition waiver for student services in QuickBooks desktop, increasing instruction expense and accrued liabilities, using journal entries or registers, and reviewing via trial balance.

Learn how to record pledges receivable in QuickBooks desktop, post to contributions with donor restrictions, and track by class and job for restricted and unrestricted funds.

Record cash contributions and pledges in QuickBooks desktop for not-for-profit organizations, classify restricted and unrestricted donations, and generate donor receipts.

Record cash received on tuition receivable by adjusting accounts receivable and cash in QuickBooks desktop, then apply payments to invoices and deposit funds to the bank.

Learn how to record a deposit return in QuickBooks Desktop by debiting the deposit held in custody for others and crediting cash, then issue a check to the student.

Record not-for-profit expenses in QuickBooks desktop by function, using accounts such as instruction, academic support, student service, and institutional support, with vendor setup and class tracking for unrestricted funding.

Demonstrates releasing restricted assets in QuickBooks Desktop for not-for-profit organizations, recording net assets released from restricted to unrestricted, and tracking via jobs, classes, and reports.

Learn how to pay cash on account in a not-for-profit using QuickBooks Desktop, recording a payment against accounts payable, with cash decrease and no income statement impact.

Learn to record investment income in a not-for-profit using QuickBooks desktop, splitting unrestricted and donor-restricted income, and generating reports by class and job to track the donor endowment.

Record adjusting and journal entries in QuickBooks desktop for a not-for-profit, boosting the allowance for doubtful accounts on tuition and fees receivables and recognizing depreciation for instruction and academic support.

Record an adjusting entry for unearned revenue in QuickBooks Desktop by debiting tuition and fees without donor restrictions and crediting unearned revenue, then review the trustee trial balance.

Record a gain on investments for a not-for-profit private college in QuickBooks Desktop, separating unrestricted and restricted portions. Track unearned gains by class and by endowment or scholarships.

Close not-for-profit finances in QuickBooks Desktop by transferring adjusted balances to net assets without donor restrictions and to net assets with donor restrictions, using journal entries and allocations.

Learn to create not-for-profit financial statements in QuickBooks desktop, including the balance sheet and statement of activities, with restricted and unrestricted net assets and ties to the adjusted trial balance.