Review of QuickBooks Premier Nonprofit Edition – ABOUT CPA PRACTICE ADVISOR
There’s also live online events, interactive content, certification prep materials, and more. Thousands of small companies and nonprofit organizations turn to QuickBooks to keep their finances on track.
And over the years, Intuit has introduced various editions of the program to satisfy the needs of different quickbooks premier nonprofit edition 2012 of companies. And with each new version, Intuit has added enhancements and new features to make your workflow smoother and faster. The challenge is knowing what to do according to accounting rules, and how to do it in QuickBooks.
Quickbooks premier nonprofit edition 2012 the process for creating a new company file is something of a tradition at Intuit. The QuickBooks Setup dialog box Options for Creating a Company File now opens as soon as you choose the command to create a new company file. The window steps you through entering the about your company; choosing settings appropriate for your type of business; and setting up customers, vendors, employees, items you sell, and bank accounts.
In addition to batch invoices for the same items and amounts Adding a Memo to Yourselfyou can now select multiple customers with unbilled time and expenses and create the invoices for quickbooks premier nonprofit edition 2012 of them at once Creating a batch of time and expenses invoices. You can create a batch of timesheets if you enter the same timesheet info for several employees or vendors Filling in Weekly Timesheets. Inventory items appear on the left side of the window, while details and transactions related to the selected inventory item appear on the right.
Integration with Excel has gotten a lot smarter. Now you can export quickbooks premier nonprofit edition 2012 to Excel and update data in existing worksheets without mangling their formulas and formatting Exporting addresses.
QuickBooks Help now provides a single way to access all your help options. With the To Do List Tracking To-Dosyou can set up tasks, phone calls, quickbooks premier nonprofit edition 2012, meetings, and appointments with leads, customers, or vendors. If you want to keep track of prospects before they become customers, you can record their info in the Lead Center Working with Leads. When you run a business or a nonprofityou track company finances for two reasons: to keep your business running smoothly and to generate the reports required by the IRS, SEC, and anyone else you have to answer to.
QuickBooks helps you perform basic financial tasks, track your financial situation, and manage your business to make it even better. Work with more than 14, unique inventory items or 14, contact names. QuickBooks Pro and Premier company files can hold up to 14, inventory items and a combined total of up to 14, customer, vendor, employee, and other Other Names List names.
QuickBooks Enterprise Solutions version 7. Track personal finances. In addition to opening a separate checking account for your business, track your personal finances somewhere else like in Quicken.
If you do decide to use QuickBooks, at least create a separate company file for your personal financial info. Track the performance of stocks and bonds. But companies have quickbooks premier nonprofit edition 2012, too, of course. A machine that costs hundreds of thousands of dollars is an investment that you hope will generate lots of income, and you should track it in QuickBooks. However, in QuickBooks, these types of investments show quickbooks premier nonprofit edition 2012 as assets of the company Vehicle List.
Manage customer relationships. Lots of information goes into keeping customers happy. You can also keep track of leads before they turn into customers. But for tracking details like memberships, items sold on consignment, project progress, and scheduled events, another program like Microsoft Excel or Access would be a better solution.
Some third-party customer-management programs integrate with QuickBooks Exporting Lists and Addresses. QuickBooks comes in a gamut of editions, offering options for organizations at both ends of the small-business spectrum.
QuickBooks Simple Start and Online editions cover the basic needs of very small operations. Enterprise Solutions, on the other hand, is the most robust and powerful edition of QuickBooks, boasting quickbooks premier nonprofit edition 2012 features and speed for the biggest quickbooks premier nonprofit edition 2012 small businesses.
Likewise, features vary in the editions for different countries; this book focuses по ссылке the U. This book focuses on QuickBooks Pro because its balance of features and price make it the most popular edition.
QuickBooks Pro is the workhorse edition. It lets up to five people work on a company file at a time; you can purchase licenses in single- or five-user packs. QuickBooks Pro includes features for tasks such as invoicing; entering and paying bills; job costing; creating estimates; saving and distributing reports and forms as email attachments; creating budgets automatically; projecting cash quickbooks premier nonprofit edition 2012 tracking mileage; customizing forms; customizing prices with price levels; printing shipping labels for FedEx and UPS; and integrating with Word, Excel, and hundreds of other programs.
Other lists, like the Chart of Accounts, can have up to 10, entries each. QuickBooks Premier is another multi-user edition. For business owners, its big claim to fame is handling inventory items assembled from other items and читать полностью. In addition, Premier can generate purchase orders from sales orders and estimates, and apply price levels to individual items.
You can also track employee info and get to your data remotely. This edition also includes a few extra features that typically interest only accountants, like reversing general journal entries. When you purchase QuickBooks Premier, you can choose from six different industry-specific flavors see the next section. Like the Pro edition, Premier can handle a combined total of up to 14, list entries.
Enterprise Solutions is the edition for larger operations. Up to 30 people can access a company file at the same time, and this simultaneous access is at least quickbooks premier nonprofit edition 2012 as fast as in the Pro продолжить Premier edition.
The database can handle lots more names in its customer, vendor, employee, and other name lists 1, versus 14, for Pro and Premier. You can have multiple company files, work adobe illustrator cs5 serial number generator free download several locations, and produce combined reports for those companies and locations.
And because more people can be in your company file, this edition has features such as an enhanced audit trail, more options for assigning or limiting user permissions, and the ability to delegate administrative functions to the other people using the program. Your local office supply store, Amazon. If you buy QuickBooks from Intuit, you pay full price, but have 60 days to return the program for a full refund.
As long as funding comes primarily from unrestricted sources, the Pro edition will work reasonably well. When you install QuickBooks Premier, you choose the industry version you want to run. If your business is in an industry other than one of the five options, choose General Business. Here are the industries that have their own Premier editions:.
The Quickbooks premier nonprofit edition 2012 edition is designed to help professional accountants and bookkeepers deliver services to their clients. It lets you run any QuickBooks edition that is, Pro, or any of the Premier versions. The General Business version has all the goodies of the Premier edition, like per-item price levels, sales orders, and so on.
Its chart of accounts and menus are customized for manufacturing and wholesale operations. You can use it to manage inventory assembled from components and to track customer return materials authorizations RMAs and damaged goods. If you run a nonprofit organization, you know that several things work differently in the nonprofit world, as the box on Nonprofit Dilemma details. The Nonprofit version of QuickBooks includes features such quickbooks premier nonprofit edition 2012 a chart of accounts customized for nonprofits, forms and letters targeted to donors and pledges, info about using the program for nonprofits, and the ability to generate Statement of Functional Expenses forms.
The Professional Services version not to be confused with QuickBooks Pro is designed for companies that deliver quickbooks premier nonprofit edition 2012 to their clients. Unique features include project-costing reports, templates for proposals and invoices, billing rates that you can customize by client or employee, and professional service—specific reports and help.
The Retail version is customized to work for retail operations. It includes specialized menus, reports, forms, and help, as well as a custom chart of accounts. Intuit offers companion products that you can integrate with this edition to support all quickbooks premier nonprofit edition 2012 of your retail operation.
For example, QuickBooks Point of Sale tracks sales, customers, and inventory as you ring up sales, and it shoots the information over to your QuickBooks company file. But if bookkeeping and accounting are unfamiliar territory, some background training QuickBooks Training may help you use QuickBooks better and more easily without calling your accountant for help five times a day. To contact the school, visit www. Double-entry quickbooks premier nonprofit edition 2012 is the standard method for tracking where your money comes from and where it goes.
For example, as shown in Table I-1, when you sell something to a customer, the money on your invoice comes in as income and goes into your Accounts Receivable account.
Then, when you deposit the payment, the money comes out of the Accounts Receivable account and goes into your checking account. See Chapter 16 for more about double-entry accounting and journal entries. Each side of a double-entry transaction is either a debit or a credit. As you can see in Table I-1, when you sell products or services, you credit your income account since your income increases when you sell somethingbut debit the Accounts Receivable account because selling something also increases how much customers owe you.
Chart of accounts. In bookkeeping, an account is a place to store money, just like your checking account is a place to store your ready cash. The difference is that you need an account for each kind of income, expense, asset, and liability you have.
See Chapter 3 to learn about all the different types of accounts you might use. Cash vs. Cash and accrual are the two different ways companies can document how much they make and spend. The accrual method, on the other hand, follows something known as the matching principlewhich matches revenue with the corresponding expenses. This approach keeps income and expenses linked to the period in which they happened, no matter when cash comes in or goes out.
The advantage of this method is that it provides a better picture of profitability because income and its corresponding expenses appear in the same period. Quickbooks premier nonprofit edition 2012 example, if you pay employees in January for work they did in December, those wages are part of the previous fiscal year.
Financial reports. You need three quickbooks premier nonprofit edition 2012 нажмите сюда evaluate the health of your company described in detail in Chapter 17 quickbooks premier nonprofit edition 2012. This QuickBooks report gets its name from the difference between the income and expenses, which results in your profit or loss for that period. The balance sheet is a snapshot of how much you own and how much you owe.
Assets are things you own that have value, such as buildings, quickbooks premier nonprofit edition 2012, and brand names. Liabilities are the money you owe to quickbooks premier nonprofit edition 2012 like money you borrowed to buy one of your assets, say. The difference between your assets and liabilities is the equity in the company—like the equity you have in your house when the house is worth more than you owe on the mortgage.
The statement of cash flows tells you how much hard cash you have.
Introduction – QuickBooks The Missing Manual [Book].
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears узнать больше a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here’s how we make money.
QuickBooks for Nonprofits, a line of accounting software for small to увидеть больше nonprofit organizations, features nonprofit editions of QuickBooks products with donation tracking, bookkeeping, invoicing and other accounting functions. In addition, QuickBooks offers discounted products for nonprofits through TechSoup for both nonprofit and other editions of the software, a great deal for organizations with a tight budget.
Compared to other accounting software for nonprofits, QuickBooks is simple, though it quickbooks premier nonprofit edition 2012 initially take some time to learn. Nonprofits can choose quickbooks premier nonprofit edition 2012 either use QuickBooks Premier Desktop which comes in nonprofit editions or QuickBooks Online, depending on their needs. Quickbooks premier nonprofit edition 2012 Online makes it easy to give the volunteers who help with accounting functions access only to the QuickBooks features they need.
And if you do need professional help with your accounting, it is easy to find an accountant who is familiar with QuickBooks products. Pricing does not include any add-on features, such as payroll or applications. Maximum number of users. Ease of quickbooks premier nonprofit edition 2012 with accountants. QuickBooks Online users can invite their accountants to access their QuickBooks information directly. Upgrades are available for each QuickBooks product, either directly or in the form of add-on applications.
Ease of use. QuickBooks http://replace.me/6117.txt require some training, but support is easy to find. As with other QuickBooks products, QuickBooks for Nonprofits requires users to enter transactions using familiar-looking forms invoices, bills, checks, etc.
The accounting happens in the background. It makes it parallel desktop windows 10 free for employees and volunteers who perl for windows 10 64 bit not accountants to assist your nonprofit with some bookkeeping.
Overall, QuickBooks for Nonprofits really shines when it comes to fund accounting and reporting. Even though the nonprofit editions work in much the same way as other QuickBooks products, the back-end setup for nonprofits ensures your books are kept — and reporting is done — in compliance with best practices for nonprofit organizations.
You can customize, save and automate the delivery of the reports your board of directors and donors need. And perhaps most importantly, it can help you organize the information you need each year to посетить страницу your Formthe “return of organizations exempt from income tax” document that provides public financial information about the organization.
Quickbooks premier nonprofit edition 2012 partnered with nonprofit tech marketplace TechSoup to offer discounted software and subscriptions to nonprofit organizations. Of the options, the QuickBooks Online Plus options don’t come with a nonprofit edition but can be used for nonprofit work:. The desktop versions do have nonprofit editions:. Suppose your nonprofit needs features beyond basic accounting — including payroll, customer support and data backups — and you want to quickbooks premier nonprofit edition 2012 a desktop version of QuickBooks.
In that case, your pricing will be as follows:. QuickBooks Premier Plus annual subscription; nonprofit version available. QuickBooks Enterprise Nonprofit.
QuickBooks Enterprise Nonprofit is a robust platform suitable for larger nonprofit organizations. Most professional accountants and bookkeepers — and many business owners — are familiar with QuickBooks products. The biggest drawback of using QuickBooks for Nonprofits is the price.
If, however, you need more than what’s available through TechSoup, you could easily spend much more for QuickBooks than for other nonprofit accounting software. Unlike QuickBooks, Aplos was explicitly designed for nonprofits. As a result, it is especially suited for churches and small nonprofit organizations. The ability to accept donations quickbooks premier nonprofit edition 2012. The price for Aplos is perfect for nonprofits, too. Blackbaud is the gold standard for nonprofit accounting and management.
Its module-based system lets you choose the right solutions for your nonprofit organization. Financial Edge NXT provides all the features you would expect from enterprise-level software, plus some:. Financial planning and analysis, including budgeting and reporting compliant with the Financial Accounting Standards Board. Grant accounting and administration. As you might expect of a software company with customizable products, Blackbaud does not publish its pricing.
Quickbooks Online. Shop Now. Deciding factors. Varies by product. How does QuickBooks for Nonprofits work? QuickBooks discounts for nonprofits. Benefits of QuickBooks for Nonprofits. Easy to find support. Drawbacks of QuickBooks for Nonprofits.
Alternatives to QuickBooks for Nonprofits. For small organizations: Aplos Accounting. Aplos includes:. Fund accounting functionality. Donor management. Email marketing. Fully compliant fund accounting. On a similar note Dive even deeper in Small Business.
Explore Small Business.
Quickbooks premier nonprofit edition 2012. 2012 Review of QuickBooks Premier Nonprofit Edition
Apr 28, · QuickBooks Premier (desktop, 1 user): $78 through TechSoup. QuickBooks Premier (desktop, 3 users): $ through TechSoup. QuickBooks Enterprise Nonprofit (desktop, scales to up to Oct 29, · Nonprot Edition Mary Girsch-Bock• Oct. 29, Int u it Inc. — Q u ickBo o ks P re m ie r No np ro t E dit io n w w replace.me ickbo o replace.me m F ro m th e No v. Rev i ew o f No n. of results for “quickbooks premier nonprofit” RESULTS. QuickBooks Premier Nonprofit [OLD VERSION] Oct 10, | by Intuit. out of 5 stars 7. CD-ROM. QuickBooks Premier NonProfit Edition [OLDER VERSION] Oct 10, | by Intuit. out of 5 stars CD-ROM. Nonprofit Bookkeeping and Accounting For Dummies.