Welcome to QuickBooks Online for Nonprofits.
I'm Ufuoma Ogaga, owner of Goshen ...
Bookkeeping & Consulting.
In this tutorial, I am going to give you an ...
overview of QuickBooks Online explaining why you ...
should use the software and how to get started.
What is QuickBooks Online? QuickBooks Online is a ...
cloud-based accounting software designed to help ...
business owners manage their finances in real-time and ...
from anywhere without having to worry about ...
network issues and equipment installations.
Key benefits for using QuickBooks Online are:
Everything is cloud based. Your data is hosted and ...
secured by Intuit. You have real-time and ...
multi-user access to your financial data on the go from ...
your desktop, mobile device and any ...
operating system that has a browser.
You can also invite your Accountant and Auditor into ...
the system without having to send them a copy of your ...
QuickBooks file using the old QuickBooks Desktop method.
QuickBooks Online integrates with many third party apps to ...
give you information you need to run your nonprofit ...
successfully. Apps such as Little Green ...
Light, Neon,
Kindful, and many more.
The only version I recommend Nonprofits to use ...
is QuickBooks Online Plus. QuickBooks Online Plus ...
comes with a wealth of reports,
budgeting, job costing (aka grant ...
tracking), class tracking for tracking ...
your functional expenses, location tracking for tracking ...
your donation restrictions and unlimited reports only users ...
that works for many nonprofit organizations.
If you are 501c3 nonprofit organization,
you can get QuickBooks Online plus for an admin fee ...
of $50 per year directly from Techsoup.org.
Techsoup is a nonprofit organization that provides ...
discounted software and hardware for nonprofit ...
organizations. If you don't already have an ...
account, you can visit their website to ...
create an account using your IRS Tax-exempt letter.
When you do sign up for a Techsoup account,
I recommend using a generic Gmail email address that is ...
not owned by one individual alone.
Using a Gmail account, you can give delegate access ...
to the other key members of your nonprofit such as your ...
Executive Director, Board Treasurer,
and Finance Department without having to worry about ...
losing your account when that staff member or when ...
that board member leaves your organization.
The email address you use to sign up for your Techsoup ...
account will be linked to your QuickBooks Online file.
And it will be listed as the Master administrator and the ...
billing contact. The email address will also ...
be crucial to renewing your QuickBooks Online file each ...
year successfully.
If you are not a 501c3 nonprofit and maybe you are ...
a regular nonprofit that is a membership association,
you can purchase QuickBooks Online Plus ...
directly from Intuit's website by using my referral link that ...
you see on my screen. The referral link is going to ...
save you 50% off the retail price for the first ...
3 months when you make your purchase.
You don't have to put a credit card on file when you sign up ...
and you can test out the system for a full 30 days for ...
free before making a commitment.
Once you select a subscription level and go ...
through the process of creating your login account,
you will be taken to this setup wizard screen.
In this screen, you will be asked to enter you ...
business name, the length of time you have ...
been in business, your industry type,
and whether you are converting from QuickBooks ...
Desktop to QuickBooks Online to import your file.
Complete the process and click next for QuickBooks ...
Online to configure your company file settings.
If you are converting from QuickBooks Desktop or ...
another accounting system to QuickBooks Online,
I strongly recommend getting with a ProAdvisor like myself ...
or contacting your CPA to help you determine or decide ...
if QuickBooks Online is the right fit for your nonprofit.
And, to also help you get your file ...
setup correctly.
Watch my next video to see how to navigate your ...
QuickBooks Online file. Thank you for watching!