QuickBooks is an excellent and affordable tool for the detailed bookkeeping required of nonprofit and tax-exempt organizations. In this two-day class, nonprofit veteran Mona Fluitt will teach you methods for building and using your QuickBooks file for better reporting to make confident business decisions as well as prepare for your IRS 990 tax return and annual audit. Whether you are new to QuickBooks or have inherited a QuickBooks file and system that doesn’t answer your business questions, Mona’s approach to bookkeeping with QuickBooks will strengthen your financial reporting to help tell your story to board members and donors.

In this two-day class, you will:

• Build a QuickBooks file from scratch to learn about various QuickBooks functions and settings
• Enter a budget for tracking actuals against budget
• Create systems for reporting by program, project, and restricted grants
• Perform accrual bookkeeping exercises to record revenue, pledges, and expenses by program, project, and restricted grants
• Record donations made by credit card and track credit card processing costs
• Track and reconcile expenses paid by staff credit cards
• Allocate overhead and payroll costs across programs, projects, and restricted grants
• Reconcile end-of-month bank statements.
• Customize basic reports.

Class notes:

• This is a QuickBooks software class and is NOT an accounting or bookkeeping class. Students are expected to have a basic understanding of bookkeeping, budgets, and the ability to read general financial statements.
• Class is taught on QuickBooks Desktop 2022. QuickBooks Online users are invited to attend and the online version will be briefly discussed, but the focus is on the desktop version.
• Students must have basic keyboard and mouse skills.
• Students must have knowledge of Microsoft Windows features such as cut, copy, and paste.
• Students should have minimum typing speed of 20 words per minute to keep up with exercises. Test your typing speed for free at https://www.livechatinc.com/typing-speed-test