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

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