QuickBooks Online Not for Profit Organization

Name: QuickBooks Online Not for Profit Organization
Rating: 4.3 (226 reviews)

Learn Not for Profit accounting using QuickBooks Online from a practicing CPA

Last updated 3/2020

English

What you'll learn

10 sections • 37 lectures • 10h 2m total length

105 Set Up QuickBooks Online Free Trial7:40
Documents to Download
107 QuickBooks Online Free Test Drive5:42
110 Objectives of Practice Problems10:13
111 Reports16:26
Explore how not-for-profit reports in QuickBooks Online translate to the statement of financial position and statement of activities, including net assets, restricted and unrestricted, with class tracking.
112 Navigating QuickBooks Online18:56
Navigate quickbooks online for a not for profit, using donation forms, pledges, and sales receipts to track donors, deposits, and grants in the balance sheet and income statement.

124 Custom Donation Form3:58
Convert a standard sales receipt into a donation receipt in QuickBooks Online by renaming the form, customizing the content, and applying a donation style with a logo.
125 Office Space Donated26:29
Use QuickBooks Online to record a non-cash office space donation for a not-for-profit, recognizing contributions unrestricted as revenue and rent expense while generating donor receipts and fair market value estimates.
130 Cash Donation15:11
131 Make Deposit11:52

133 Pledge Customize Form6:06
Convert an invoice into a pledge form in QuickBooks Online for a not-for-profit, to track future donor pledges with donor restrictions using a customized pledge template.
134 Set Up Sub Customer & Projects8:47
135 Pledge19:21
136 Alternative Method To Track Restricted Items12:40
140 Government Grants23:49
Enter a restricted government grant in QuickBooks Online for a not-for-profit, using government grants customers and classes to separate restricted income and run class or customer reports.
145 Salaries Expense18:04
Record a salaries expense in QuickBooks Online for a not-for-profit, debiting salaries expense and crediting cash. Manage end-of-period adjustments, accruals, and unclassified to classified reclassifications by nature and function.
150 Donor Pledge for Construction Project23:36

180 Statement of Financial Position24:37
Explore the not-for-profit statement of financial position in QuickBooks Online, detailing assets, liabilities, and net assets (restricted and unrestricted). Learn to export to Excel and customize headers for reporting.
185 Statement of Activities23:15
Learn to generate and analyze the not-for-profit statement of activities in QuickBooks Online, including restricted vs unrestricted contributions, expenses by function and nature, and increase in net assets.
187 Expenses by Nature & Function17:45
Learn to create an expense allocation report in quickbooks online for a not-for-profit, breaking expenses by nature and by function using class tracking, and export to excel for streamlined reporting.
190 Restricted Net Asset Detail Report19:03

14nn Not-For-Profit Part 1 Transactions38:07
14nn Not-For-Profit Part 2 Expense Allocation20:33
14nn Not-For-Profit Part 3 Closing Entries13:21
14nn Not-For-Profit Part 4 Statement of Financial Position10:42
14nn Not-For-Profit Part 5 Statement of Activities10:49
14nn Not-For-Profit Part 6 Statement of Cash Flows15:55
Learn how to prepare a non-profit's statement of cash flows with the direct method, reconcile operating activities to net assets via the indirect method, and convert accrual to cash.
14nn Not-For-Profit Part 7 Reporting of Expenses by Nature and Function6:33

Learners will understand how to set up QuickBooks Online for a Not for Profit Organization.

The course will show how to use free resources to optimize learning.

We will demonstrate the use of class tracking to generate Not for Profit reports.

Learners will see how to create and use donation receipt forms.

We will show how to create and use pledge receipt forms.

The course will demonstrate how to enter and track restricted resources.

We will enter month end adjusting entries.

Learners will see how to allocate expenses to programs and administrative categories.

We will record net assets released from restriction.

The course will show how to generate, analyze, memorize, & export to Excel financial reports.