QuickBooks Online and Accounting For Non-profit Bookkeepers
Claim This Podcastby Desarie Anderson
Podcast Overview
<p>This podcast is based on the content on my <a href="https://www.youtube.com/channel/UCrbtPChYu8K6OXiz_0jKCWQ/featured" target="_blank"><b>YouTube channel</b></a>.</p> <p>I will be discussing different ways nonprofit bookkeepers can use QuickBooks online to maintain the books of a non-profit organization.</p> <p>I will also discuss the basics of non-profit accounting as it relates to non-profit bookkeeping. </p> <p>Knowing how to utilize QuickBooks online alone without understanding basic non-profit accounting can pose some challenges when trying to correct errors or evaluate reports.</p>
Language
🇺🇲
Publishing Since
1/31/2020
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Recent Episodes
September 27, 2020
Fixing Current & Prior Donor Deposits
<p>Youtube Video https://youtu.be/XCS7Lk7Eots</p> <p>https://nonprofitaccountingservice.com/ (404) 300-3175 desarie@andersonaccounting3.com </p> <p>Hi everyone and welcome to another demo video. </p> <p><br /></p> <p>In this video, I’m going to be demonstrating how to correct a donation that was entered on the deposit screen and therefore isn’t showing up on the sales by donor detail report</p> <p> </p> <p>It’s important that the sales by donor detail report is accurate because this is the report that you use to create your quarterly and year-end donor acknowledgment letters. And as you know, donors want to be able to report 100% of their total donations.</p> <p><br /></p> <p>I’m going to show you how to fix this issue based on 2 separate scenarios. In scenario one, the bank statement that shows the donations has not yet been reconciled therefore, the incorrect transaction can be deleted or voided.</p> <p><br /></p> <p>In scenario two, the bank statement has been reconciled and therefore, you can’t void nor delete the transaction because you’ll be throwing your prior period reconciliation out of balance.</p> <p><br /></p> <p>So let’s start with scenario one.</p>
September 14, 2020
Rules vs. Recurring Transactions For Non-Profits!
<p>1) Hi everyone and welcome back. I know been a while but here I am</p> <p>2) On today's podcast I’m going to be going over the difference between rules and recurring transactions and when to use each one</p> <p>3) This episode is also going to part of a youtube video so if you are more of a visual person, I suggest you follow me over to youtube by clicking this linkhttps://youtu.be/njAoT9_Tbj0 to watch the video, otherwise you can just listen to the demonstration here. </p> <p>Click the link below if your organization needs help with your QuickBooks online set up or any other accounting needs.</p> <p>https://nonprofitaccountingservice.com/</p> <p><br /></p> <p><br /></p> <p><br /></p> <p>https://youtu.be/njAoT9_Tbj0</p>
April 12, 2020
How To Record Pass-Through Contributions in QuickBooks Online
<p>Hello again everyone and welcome back to the podcast.</p> <p>Today's show is going to be a combination of this podcast and a YouTube video demonstrating what I'll be discussing today.</p> <p>The topic of discussion today is how to correctly record pass-through contributions in QuickBooks online.</p> <p>So what's a pass-through contribution?</p> <p>A pass-through contribution is a <b>contribution</b> made to one <b>non-profit</b> entity (referred to as the recipient), who then transfers <b>the</b> funds to a second <b>non-profit organization called the beneficiary)</b>. </p> <p>This type of transaction is referred to as an "agency" transaction.</p> <p>In some cases, a non-profit may collect funds from its members in an agreement to use the money collected to purchase a particular agreed-upon item</p> <p>So whether a non-profit receives a contribution that it intends to pass on to another organization or if it collects money from its members with the intention of purchasing an agreed-upon item, the way the transaction is recorded in QuickBooks under either scenario is the same. </p> <p><a href="https://youtu.be/CG1yzjBmGtg" target="_blank">My Youtube Channel</a></p> <p><a href="https://nonprofitaccountingservice.com/" target="_blank">My Website</a></p>
5 total episodes available
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Frequently asked questions
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- What is QuickBooks Online and Accounting For Non-profit Bookkeepers?
<p>This podcast is based on the content on my <a href="https://www.youtube.com/channel/UCrbtPChYu8K6OXiz_0jKCWQ/featured" target="_blank"><b>YouTube channel</b></a>.</p> <p>I will be discussing different ways nonprofit bookkeepers can use QuickBooks online to maintain the books of a non-profit organization.</p> <p>I will also discuss the basics of non-profit accounting as it relates to non-profit bookkeeping. </p> <p>Knowing how to utilize QuickBooks online alone without understanding basic non-profit accounting can pose some challenges when trying to correct errors or evaluate reports.</p> - How often does this podcast release new episodes?
This podcast updates daily.
- Where can I listen to this podcast?
This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
Information about guest appearances is not available.
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