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Resources for Nonprofit Directors

How to Set Up Quickbooks Online for Nonprofits in 2024 [Video]

How to Set Up Quickbooks Online for Nonprofits in 2024

Ready to Set up QuickBooks Online, the best nonprofit accounting software. This video provides a step-by-step guide on how to set up QuickBooks Online for nonprofits.

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Whether you’re initiating a new account or optimizing an existing one, this tutorial covers all aspects of nonprofit accounting. Learn how to secure a discounted QuickBooks Online subscription through TechSoup, a nonprofit organization specializing in providing software at reduced rates. Gain essential insights into tailoring your account settings to accurately reflect your nonprofit status, from selecting the right company type to indicating your tax form and fiscal year.

Dive into the intricacies of nonprofit bookkeeping, starting with setting up a clean and organized chart of accounts. Learn how to align budgeting with your organization’s goals and discover the power of integrating tools with QuickBooks Online for enhanced functionality. This tutorial goes beyond the basics, addressing essential tips and tricks for QuickBooks Online, making it suitable for both beginners and advanced users. Whether you’re seeking QuickBooks for nonprofits or simply diving into nonprofit accounting 101, this video equips you with the knowledge to optimize QuickBooks Online for your nonprofit’s financial success.

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▶️ WATCH MORE:
How to Manage Payroll in QuickBooks Online | Nonprofit Accounting: https://youtu.be/-_gKhsR_XRY
The Worst Things to Do When Working With a Nonprofit Accounting Team: https://youtu.be/Bw-nAb03TJ4
In-House Accountant vs. Virtual Outsourced Accounting for your Nonprofit Organization: https://youtu.be/KEeOewWXLzo

00:00 Introduction and Setting Up QuickBooks Online Account
01:41 Setting Up Nonprofit Settings
03:25 Setting Up Tracking Methods
05:12 Setting Up Chart of Accounts
09:30 Setting Up Functional Expenses
10:21 Setting Up Locations and Funds
12:34 Setting Up Budgeting
13:47 Setting Up Reporting

https://youtu.be/fHYsgND9QGg

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Categories
Resources for Nonprofit Directors

Charities webinar - Contract exposure: managing risks in legally binding agreements [Video]

On Wednesday 11 May, Edward Bouckley delivered the next webinar in our charities bite size series. In the webinar Edward looked at some of the key aspects of managing risk when entering into commercial contracts. He discussed:• What risk management is.• What risk is and why properly managing it is so important to charities.• Some of the ways risks can be managed in contacts.Edward also looked at some of the steps that you can take to better protect your charity when entering into contractual arrangements.Here are the timestamps to help guide you through this webinar:0:52 Birketts at a glance1:18 What we will cover today2:09 What is risk management?3:07 What is risk and why is it important?3:59 Contractual risk5:58 Identifying risk10:05 Written contracts11:34 Assessing Risk13:10 The danger of "pre-contractual" agreements14:27 A cautionary tale16:21 Rights and obligations17:51 Risk - allocating and controlling18:48 Transferring risk: indemnities20:00 Controlling risk: limitation of liability21:29 Practical tips23:18 QuestionsThe webinar ended with a Q&A. Disclaimer: The content of this webinar is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this webinar please contact us in the first instance. Law covered as at May 2022. Meet our expert, Edward Bouckley: https://www.birketts.co.uk/our-lawyers/norwich/edward-bouckleyContact us at: https://www.birketts.co.uk/contact-usSign up to future webinars: https://www.birketts.co.uk/events​​​​ To ensure that you are invited to future webinars and receive our newsletters please opt in to our mailing lists and select the appropriate areas of interest. https://www.birketts.co.uk/register