Synopses & Reviews
Synopsis
Do you love the convenience of QuickBooks Online but frustrated that it is too hard to learn? Could you use a hand setting up the files? As the treasurer or bookkeeper for a small nonprofit or church is the bookkeeping taking too much time? Let The Accountant Beside You help Lisa London is a CPA and top-selling author with decades of experience who has helped organizations reduce their accounting time dramatically. With step-by-step instructions and hundreds of illustrations, you will learn how to: -design a chart of accounts that gives you the reports you need, -import customers/donors and vendors, -track grants and programs, -receive donations, invoice donors, and send acknowledgments, -pay bills and handle payroll, -utilized bank and credit card feeds to save time, -design reports and set up budgets, -run month-end and year-end reports, -handle fundraisers, mortgages, reserve accounts, -and so much more.Join the tens of thousands of organizations who have saved time and money with The Accountant Beside You.Table of Contents:1.QuickBooks Online & Nonprofits12.Acquainting Yourself with QBO103.Setting up Your Organization File174.What is the Chart of Accounts?305.How do I Track My Programs & Funds?466.Donors & People I Owe Money To537.Products & Services-Tracking the Transactions668.Money In-Recording Donations & Revenues70 A.Accounting Controls for Receipts70 B.Entering Donations74 C.Entering Cash Receipts77 D.Entering Donations from a Separate Donor Base78 E.Dues & Pledges-Billing and Payment79 F.Invoicing and Receipt of Restricted Funds and Grants83 G.Miscellaneous Receipts86 H.Pass-Through Collections87 I.Undeposited Funds88 J.Printing a Deposit Slip90 K.Recurring Donations from Credit Cards919.Money Out-How Do I Pay the Bills?93 A.Cash vs. Accrual Methods93 B.Internal Accounting Controls for Paying Bills94 C.Controls for Electronic Payments95 D.Entering Bills96 E.Beginning Accounts Payable Balance98 F.Recurring Bills98 G.Editing and Deleting Bills99 H.Enter Credit Card Charges100 I.Paying Bills101 J.Online Banking Payments103 K.Write Checks103 L.Handwritten Checks106 M.Bank Drafts106 N.Entering Expenses Paid by Credit Card Manually107 O.Paying the Credit Card Bill109 P.Credits Received from Vendors or on Credit Card10910.Payroll111 A.Entering Employees and Contractors112 B.Using Journal Entries to Record Payroll113 C.Entering Payroll through the Check Entry Screen115 D.Paying the Benefit Contribution116 E.Tracking Time for Projects11611.Bank Feeds & Reconciliations11812.Where Do We Stand? -Designing & Running Reports13713.Am I Meeting My Targets? Budgeting14814.It's Month End &/or Year End-What Now?157 A.Month and Year-End Checklist158 B.Reviewing Your Transactions159 C.Allocate Fund Balances162 D.Restricted versus Unrestricted Cash163 E.Year-End Adjusting Entries165 F.Board Reports165 G.Year-End Closing165 H.Year-End Donor Acknowledgments166 I.Other Year-End Requirements17115.Special Topics177 A.How Do I Account For ... 1771.Fundraisers1772.Record the Sale of Merchandise1783.In-Kind Donations1814.Record a Mortgage1825.A Reserve Account on the Income Statement183 B.How Do I 1851.Invite and Manage Multiple Users1852.Invite an Accountant1883.Send a Thank You from the Receipts Screen1894.Customize Forms1905.Give Feedback to QBO192 C.What About ... 1931.Reports I Need for an Audit1932.Tax Stuff19316.QBO Mobile195A.QBO from your Mobile Device195B.3rd Party Developer Apps197Index200
Synopsis
This is NOT the latest edition. Please click on The Accountant Beside You series link at the top to find the 2nd edition.The Accountant Beside You, CPA Lisa London, has helped tens of thousands of readers worldwide set up efficient systems to reduce frustration and save time and money. In
QuickBooks Online for Nonprofits & Churches-The Step-By-Step Guide, Lisa explains in simple, concise terms the steps you need to take to:
- design a chart of accounts that gives you the reports you need,
- import customers/donors and vendors,
- track grants and programs,
- receive donations, invoice donors, and send acknowledgments,
- pay bills and handle payroll,
- utilized bank and credit card feeds to save time,
- design reports and set up budgets,
- run month-end and year-end reports,
- handle fundraisers, mortgages, reserve accounts,
- and so much more.
The books are written for non-accountants to understand the basics of nonprofit accounting with step-by-step instructions, loads of illustrations, and no confusing jargon. This is not QuickBooks for Dummies; it is real detailed instructions written in nonprofit language.
QuickBooks Online for Nonprofits and Churches-A Step-By-Step Guide is the updated and expanded version of the top-selling
Accountant Beside You book,
Using QuickBooks Online for Small Nonprofits and Churches.
Join the tens of thousands of organizations who have saved time and money with
The Accountant Beside You. TABLE OF CONTENTS:
1. QuickBooks Online & Nonprofits
2. Acquainting Yourself with QBO
3. Setting up Your Organization File
4. What is the Chart of Accounts?
5. How do I Track My Programs & Funds?
6. Donors, Vendors, and QuickBooks Projects
7. Products & Services--Tracking the Transactions
8. Money In--Recording Donations & Revenues
9. Money Out--How Do I Pay the Bills?
10. Payroll for Nonprofits and Churches
11. Bank Feeds & Reconciliations
12. Where Do We Stand? --Designing & Running Reports
13. Am I Meeting My Targets? Budgeting
14. It's Month End &/or Year End--What Now?
15. Special Topics
A. How Do I Account For ... 177
1. Fundraisers 177
2. Record the Sale of Merchandise 178
3. In-Kind Donations 181
4. Record a Mortgage 182
5. A Reserve Account on the Income Statement 183
B. How Do I 185
1. Invite and Manage Multiple Users 185
2. Invite an Accountant 188
3. Send a Thank You from the Receipts Screen 189
4. Customize Forms 190
5. Give Feedback to QBO 192
C. What About ... 193
1. Reports I Need for an Audit 193
2. Tax Stuff 193
16. QBO Mobile 195