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QuickBooks for nonprofits business | Forum

Topic location: Forum home » Support » General Questions
William
William Mar 25

QuickBooks for nonprofit business There are no limitations to what types of nonprofits use QuickBooks Desktop software. QuickBooks is extremely versatile and offers loads of features that are useful to organizations, including:

Churches and religious organizations Schools Charitable organizations, including food banks, museums, and animal welfare organizations Social and rec clubs Fraternal societies and associations Trade and professional associations Foundations QuickBooks for Nonprofits is a solid accounting solution for any organization that wants to keep its finances on track.

The Two Different QuickBooks for Nonprofit Desktop Products QuickBooks offers two products that are suitable for use by nonprofits: QuickBooks Premier for Nonprofits and QuickBooks Enterprise for Nonprofits. Let’s take a look at each software to help you decide which is best for your organization.

QuickBooks Premier For Nonprofits

QuickBooks Premier is locally-installed accounting software. It shares many similarities with QuickBooks Desktop Pro — the software most people think of when they hear the word “QuickBooks” — with a few key differences. Most notably, QuickBooks Premier has industry-specific editions, including a Nonprofit Edition. With QuickBooks Premier for Nonprofits, you’ll have access to additional users, features, and reports that are tailored to not-for-profit organizations.

Like other QuickBooks Desktop products, QuickBooks Premier has a pretty steep learning curve. However, there are numerous resources available to help you get up and running. You’ll find that while you have to devote some time to learning the software, the feature set that you have access to is truly unmatched.

QuickBooks Premier is best suited for small- to medium-sized businesses and organizations. The software supports up to five users, although your costs will rise as you add more users, so this is something to keep in mind.

QuickBooks Enterprise For Nonprofits If QuickBooks Premier doesn’t seem to be the right fit for your larger organization, consider QuickBooks Enterprise. Like QuickBooks Premier, QuickBooks Enterprise also has industry-specific editions, including one for nonprofits.

QuickBooks Enterprise for Nonprofits offers hundreds of industry-specific reports, more users, customized user permissions, and online backups and data protection. Like other QuickBooks Desktop and Quickbooks Cloud products, QuickBooks Enterprise can be difficult to use — especially for users with no prior accounting experience.

To know more about QuickBooks Online vs QuickBooks Desktop visit Apps4Rent.