QuickBooks Desktop Not for Profit Organizations
4.7 (17 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
11,515 students enrolled

QuickBooks Desktop Not for Profit Organizations

Learn to enter data into QuickBooks for a not for profit organization from a practicing CPA, CGMA, CPI, with B.S.tax
Highest Rated
4.7 (17 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
11,515 students enrolled
Last updated 11/2019
English
English [Auto]
Current price: $119.99 Original price: $199.99 Discount: 40% off
17 hours left at this price!
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This course includes
  • 11.5 hours on-demand video
  • 10 articles
  • 7 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Not for profit accounting using QuickBooks including a charity, health care organization, and college
  • How to set up a QuickBooks for a not for profit organization
  • How to organize a chart of account for a not for profit organization in QuickBooks
  • How to enter data into QuickBooks using forms and how those transactions will impact the financial statements
  • How to customize forms for a not for profit organization using QuickBooks
  • How to generate and analyze report for a not for profit organization using QuickBooks
Requirements
  • None
Description

QuickBooks Desktop Not for Profit Organizations will provide the tools to enter data into QuickBooks for a not for profit organization.

This QuickBooks course will consist of three comprehensive practice problems. One problem will be for a charitable organization, one for a health care organization, and one for a not for profit school.

We will learn how to set up a QuickBooks file for a not for profit organization.

The course will show how to create a chart of accounts and items list for a not for profit organization.

Learners will learn how to enter data into the QuickBooks system using forms.

We will learn how to customize forms so that they can be used to provide to donors.

The course will show how to generate and analyze reports. We will also learn how to print, display, and distribute reports.

Learners will learn how to use the QuickBooks class feature to categorize expenses as restricted or unrestricted. We will also learn to use the job costing feature to track each restricted item in detail.

The course will provide backup files that allow learners to jump forward or rework any part of the comprehensive problem.

We will also provide Excel files as we work through the problem. We will break each comprehensive problem done and enter it into the system one journal entry at a time. We will show how the journal entry would be entered using debits and credits in Excel first, and then enter the transaction into QuickBooks. Excel is a more transparent system, making it easier to see and understand the connections. Once we understand the objective, we will then move to QuickBooks to enter the data. The system of first Entering data into Excel to understand the objective will be very useful when we need to use more complex features like class tracking and job costing.

Who this course is for:
  • Employees of a not for profit organization
  • Students who what to apply accounting theory to software
Course content
Expand all 72 lectures 11:38:37
+ Problem One - New QuickBooks File
22 lectures 03:39:40
2 Problem One New QuickBooks File Download
02:00
Excel File To Download
00:01
QuickBooks Backup Files (Optional)
00:01
Example Forms We Will Generate
00:01
115 New QuickBooks File Download
06:44
120 Turn on Class Tracking Download
10:26
125 Office Space Donated Download
15:27
130 Cash Donation Download
07:46
135 Pledge Download
12:56
140 Government Grants Download
11:02
145 Salaries Expense Download
09:50
150 Donor Pledge for Construction Project Download
11:11
155 Donation & Purchase of Furniture Download
09:52
160 Month End Expenses Download
11:09
165 Adjusting Entries Download
12:52
170 Allocate Expenses to Classes Download
19:53
172 Net Assets Released From Restriction Download
13:24
175 Closing Entries Download
14:29
180 Statement of Financial Position Download
16:43
190 Restricted Net Asset Detail Report Download
13:50
185 Statement of Activities Download
19:49
Accounting Comic Break Download
00:14
+ Problem Two - Multiple Years of Operations
23 lectures 04:16:37
3 Problem Two Multiple Years of Operations Download
01:41
Example Forms We Will Generate
00:01
QuickBooks Backup Files
00:01
Excel File to Download
00:01
305 Restore Backup File Download
03:11
310 Review Practice Problem Download
24:45
315 Cash Received From Grant Download
17:08
320 Contributions, Dues, & Fees Download
18:42
325 Craft Sales & Commission Revenue Download
14:03
330 Interest Income Restricted & Unrestricted Download
22:23
335 Grants Receivable & Deferred Revenue Download
12:40
337 Donated Office Space Download
11:29
340 Month End Expenses Download
17:14
345 Short Term Investment Matures Download
06:07
350 Net Assets Released Download
14:19
355 Net Assets Released # 2 Download
12:16
360 Allocate Expenses by Function Download
13:51
365 Pay Payable Download
07:16
370 Closing Entries Download
15:07
375 Statement of Financial Position Download
14:25
380 Statement of Activities Download
14:06
390 Restricted Net Asset Detail Report Download
15:37
Accounting Comic Break Download
00:14
+ Problem Three - Not for Profit College
21 lectures 03:17:08
4 Problem Three Not for Profit College Download
01:02
QuickBooks Backup Files
00:01
Excel File to Download
00:00
510 Restore Backup File Download
02:13
512 Review Practice Problem Private College Download
05:29
515 Tuition & Fees Download
14:10
520 Tuition Waiver For Student Work Download
08:23
530 Pledges & Contributions Download
13:19
535 Cash Received Contributions & Pledges Download
22:23
540 Cash Received For Tuition On Account Download
06:28
545 Deposit Returned Download
06:24
550 Expenses Download
13:06
560 Restricted Assets Released Download
17:48
565 Pay Cash On Account Download
08:45
670 Investment Income Received Download
12:29
675 Record Allowance & Depreciation Download
11:23
680 Unearned Revenue Adjusting Entry Download
04:58
685 Gain On Investment Adjusting Entry Download
18:28
700 Closing Entries Download
15:31
710 Financial Statements Download
14:34
Accounting Comic Break Download
00:14