Nonprofit businesses hold a very important place in our society. These businesses are run by Board of Directors, Officers, Employees, and Volunteers all for the betterment of humans or animals. This article will explain the benefits of using QuickBooks Nonprofits accounting software to help track and report nonprofit financial data.
Unique Features of QuickBooks Nonprofits Desktop
There are a number of great features when choosing QuickBooks Premier or Enterprise-Nonprofit. The most important one is that the setup is geared to a nonprofit’s specific needs. A nonprofit will save time and efficiency when up to 30 users can simultaneously work within QuickBooks. Create a more secure data file designating user permissions for each user and give them the ability to only access the data they need. Nonprofit terminology will make the learning curve easier for those users familiar with the nonprofit industry. QuickBooks Desktop-Nonprofit can be further customized where needed to make it uniquely fit each business. Class tracking can be used to further break down the income and expenses within categories like various nonprofit programs. This makes reporting by program easier. Install the Nonprofit version and a number of great nonprofit reports are already set up to use. Financial reports that can be delivered to the top board members or used to complete IRS or other state agency returns.
I hope this information will be helpful!