Updated to include additional topics and to cover all versions of the software, this guide provides the most vital information on using QuickBooks to track financial data in nonprofit organizations. Management of donors, grants, and pledges, and topics such as allocating expenses to programs, handling donor restrictions, and generating the reports needed for donors and tax returns are covered in detail. In addition to easy-to-follow instructions and many tips and workarounds, information on using QuickBooks for fundraising is provided. With detailed explanations of transaction entries, report customization, and other accounting requirements, this handbook is a must-have for nonprofit board members, accountants, and bookkeepers.
By and large I found this work useful. I have always liked bookkeeping, although my 6 hours of college accounting were back before computerized accounting was being taught! But years of interpreting financial reports on the job has kept me aware.
Much of the book is geared to cases beyond what a small public library such as my current situation. But I did discover a number of issues that I want to tweak from our current QuickBooks setup. I am still struggling with jobs and classes (not the theory, but the actual set up) and I'm still not sure if the work is worth it in my library. But I did learn enough to think of some other ways to handle certain situations.
As far as I can tell, this is the newest version of this work, so it seems it's due for an update. But I do think it could be especially useful for nonprofits that deal with pledges and donors as a regular part of the work flow.