Loading Events

« All Events

  • This event has passed.

Optimizing QuickBooks for Nonprofit Organizations (Webinar)

February 22 @ 10:00 am - 11:00 am

** ** This program has been POSTPONED. New date: March 27, 2024. Register here. ** **

—————

Please join Forefront and BDO Nonprofit & Grantmaker Advisory for this virtual training and walk away with practical steps in configuring QuickBooks to support financial management best practices for nonprofit organizations.

Inexpensive, user-friendly, and widely used across the nonprofit sector, QuickBooks is often the best choice for small organizations with limited resources to invest in accounting software. However, originally designed for companies in the for-profit realm, QuickBooks has limitations when it comes to tracking and reporting on restricted donations and grants.

Over the course of working with many organizations to build and strengthen financial management systems, BDO has refined some key QuickBooks customizations and “workarounds” to help facilitate nonprofit accounting in this for-profit system. In this webinar, we will provide an overview of how to structure the system, as well as examples of how to execute key transactions.

Note that this is not a 101 “How to use QuickBooks” training. It is focused on structuring and designing QuickBooks and is intended for participants who are already using or somewhat comfortable with QuickBooks.

Specific topics will include:

  • Structuring the Chart of Accounts
  • Configuring the Class and Customer functions to track programs and funders
  • Tracking temporarily restricted revenue, including how to process releases from restriction

Intended Audience: Anyone interested in QuickBooks customizations for nonprofit organizations. Note that this is not a 101 “How to use QuickBooks” training. It is focused on structuring and designing QuickBooks for nonprofit organizations and is intended for participants who are already using or somewhat comfortable with QuickBooks.

Speaker:

Gretchen Upholt, Managing Director, BDO Nonprofit & Grantmaker Advisory

Gretchen serves as a lead for several key product areas including training and finance technology consulting, and as a representative of BDO to nonprofits and funders in the Midwest region. In addition to her leadership in the practice, she splits her time between playing an active role as trainer, coach, and curriculum developer for cohort and other training initiatives and as consultant to nonprofit clients across the country, helping nonprofit leaders improve their financial management skills and processes. An experienced staff and program manager, Gretchen is skilled in training, capacity building, research, and program and volunteer management.

 

Venue

Webinar

Organizer

Forefront
View Organizer Website
X

Newsletter Sign Up

  • This field is for validation purposes and should be left unchanged.