All reports can be customized, and users can create report groups for easy future access. There are also Accountants Reports available. Reports are categorized in QuickBooks Online, with available categories including Business Overview, Manage AR, Manage AP, and Review Expenditures and Purchases. QuickBooks Online includes solid reporting options, including the ability to produce nonprofit specific reports including Statement of Financial Position, Statement of Cash Flows, and Statement of Activities. Access level rights include All, None, or Limited. Once a user is assigned a category, further access levels can be assigned to each user. Once set up, users can be placed in one of four categories Regular/Custom User, Company Administrator, Reports Only Access, or Time Tracking Only. QuickBooks Online allows administrators to invite potential users via email. Grant tracking is limited in the system, with users able to create a separate class for each grant handled in the system, tracking all related revenues and expenses for that grant. For more in-depth donation tracking, the product offers integration with a variety of donor management apps that will automatically track and later sync data directly into QuickBooks Online. QuickBooks Online for Nonprofits can track donations and pledges in the system using the customer management feature, with users able to create donation related documents such as a receipt, pledge or charge, which can be tracked as a cash receipt or accounts receivable. Budgets cannot be combined, but users can export budgets to Excel if further customization is desired. Budget reporting options are limited to the Budget Overview report and the Budget versus Actual report. Budgets can be created based on location, customer, or class, and users can easily create a new budget based on a previous budget. QuickBooks Online handles multiple transaction types, including bank transactions, sales transactions, invoices, donor and customer pledges, voided transactions, regular journal entries including automatic entries.īudget capability is limited to QuickBooks Online Plus, with users able to create a budget for a single fiscal year. To do so, user can create up to a seven digit account number and then add an additional sub-account number of the same length. Though not a fund accounting system, users can create custom accounts that will allow them to track an individual fund, such as a project or a grant. Users can also easily add their own accounts to the default chart of accounts if desired.
#QUICKBOOKS 2018 FOR MAC NONPROFIT INSTALL#
Doing so enables the system to install the correct chart of accounts for nonprofit organizations, with accounts such as Pledges/Donation Receivable, Membership Dues and others included in the chart of accounts. To access the nonprofit version, users would simply choose the nonprofit business type when setting up QuickBooks Online. Banking transactions have been made more prominent on the dashboard as well, and users can now access all customer, products, and services under the Sales option. The newest version of QuickBooks Online offers enhanced system navigation including the renaming of the homepage to Dashboard.
0 kommentar(er)
