Does QuickBooks have a nonprofit version?

QuickBooks Premier Nonprofit is a desktop version of QuickBooks that can fit the needs of small to midsize nonprofits and churches. It comes with a unified chart of accounts for nonprofit accounting and class tracking to help nonprofits keep track of revenue and expenses by program service.

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What version of QuickBooks is best for a nonprofit?

Which QuickBooks is best for nonprofits? The version of QuickBooks that is best for nonprofits is based on the size and needs of the organizations. QuickBooks Premier is suitable for small- to mid-sized nonprofits, while QuickBooks Enterprise supports up to 40 users and is a better choice for larger organizations.

Can QuickBooks Pro be used for nonprofits?

QuickBooks Pro is the first option for the desktop-based versions of QuickBooks for nonprofits. With QuickBooks Pro, you’ll be able to manage your nonprofit finances and accounting needs, choosing from one of two options.

How do I set up QuickBooks for a non profit?

Change your company type to nonprofit

Select Settings ⚙️, then Account and settings.
Select Advanced.
In Company type, select Edit ✏️.
Select the Tax form ▼ dropdown, then choose Nonprofit organization (Form 990).
Select Save, then Done.
Sign out and sign back in to see the changes reflected throughout QuickBooks.

How do I set up a nonprofit account in QuickBooks?

How do I record non profit income in QuickBooks?

Entering income for non-profit

Go to the Customers menu, then select Create Credit Memos/Refunds.
Select your customer.
Enter the item used in the sales transaction that you’re refunding.
then select Save & Close.

Does QuickBooks have a nonprofit discount?

Yes! QuickBooks offers discounted products for nonprofits through TechSoup, a nonprofit tech marketplace. We recommend that churches and other houses of worship use QuickBooks Online Plus or QuickBooks Advanced so they can get all the tools, tracking, and reporting features we offer.

What are the features available in QuickBooks Premier but not in QuickBooks Pro?

QuickBooks Premier: Inventory & Sales. One of the biggest differences between QuickBooks Pro and QuickBooks Premier is its inventory management feature. While you can easily track inventory in QuickBooks Pro, if you sell products on a regular basis it’s best to opt for QuickBooks Premier.

How many companies can you have in QuickBooks Premier?

Every QuickBooks Online company is restricted to just one company. You will have to create a new QuickBooks Online account for an additional business since each business needs its own subscription.

How to set up QuickBooks as a nonprofit?

Coding Transactions Using the QuickBooks Customer/Jobs and Classes Utilities. At this point,if you followed my suggested steps,you have accomplished the following.

Staying Connected.

Assigning Transactions.

Creating Financial Reports in QuickBooks for a Nonprofit Organization.

Resources for Setting Up QuickBooks at Your Nonprofit.

How nonprofits can benefit from QuickBooks?

Track revenue and expenditures

Sync your nonprofit bank account

Capture and organize receipts

Maximize tax deductions

Invoice and accept payments or donations

Create a list of members and donors

Run basic reports

Send estimates

Track sales and sales tax

Manage 1099 contractors

Is QuickBooks a good accounting program?

Accounting. QuickBooks tracks expenses and projects,automatically slotting expenses into the correct categories while tracking tax details.

Invoicing and Payments.

Inventory Tracking.

Expense Tracking.

Time Tracking.

Payroll Processing.

Integration with Other Software.

Reporting and Dashboards.

Is QuickBooks good for nonprofits?

Best Overall: QuickBooks Enterprise Nonprofit.

Best for Small Organizations: ACCOUNTS from Software4Nonprofits.

Best for Large Organizations: Financial Edge by Blackbaud.

Best for Donation Tracking: Sumac by Silent Partner.

Best Cloud-Based Solution: Araize FastFund Accounting.