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.
Problem One - New QuickBooks File
Problem Two - Multiple Years of Operations
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72 Problem One New QuickBooks File Download
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8Excel File To Download
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9QuickBooks Backup Files (Optional)
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10Example Forms We Will Generate
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11115 New QuickBooks File Download
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12120 Turn on Class Tracking Download
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13125 Office Space Donated Download
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14130 Cash Donation Download
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15135 Pledge Download
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16140 Government Grants Download
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17145 Salaries Expense Download
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18150 Donor Pledge for Construction Project Download
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19155 Donation & Purchase of Furniture Download
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20160 Month End Expenses Download
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21165 Adjusting Entries Download
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22170 Allocate Expenses to Classes Download
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23172 Net Assets Released From Restriction Download
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24175 Closing Entries Download
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25180 Statement of Financial Position Download
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26190 Restricted Net Asset Detail Report Download
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27185 Statement of Activities Download
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28Accounting Comic Break Download
Problem Three - Not for Profit College
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293 Problem Two Multiple Years of Operations Download
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30Example Forms We Will Generate
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31QuickBooks Backup Files
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32Excel File to Download
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33305 Restore Backup File Download
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34310 Review Practice Problem Download
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35315 Cash Received From Grant Download
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36320 Contributions, Dues, & Fees Download
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37325 Craft Sales & Commission Revenue Download
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38330 Interest Income Restricted & Unrestricted Download
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39335 Grants Receivable & Deferred Revenue Download
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40337 Donated Office Space Download
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41340 Month End Expenses Download
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42345 Short Term Investment Matures Download
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43350 Net Assets Released Download
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44355 Net Assets Released # 2 Download
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45360 Allocate Expenses by Function Download
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46365 Pay Payable Download
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47370 Closing Entries Download
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48375 Statement of Financial Position Download
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49380 Statement of Activities Download
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50390 Restricted Net Asset Detail Report Download
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51Accounting Comic Break Download