<h2 style="text-align: start" id="5a3e2af8-5609-4a61-ad60-7487c29f1ca4" data-toc-id="5a3e2af8-5609-4a61-ad60-7487c29f1ca4">All Your QuickBooks Questions In One Spot!&nbsp;</h2>Church accounting poses its unique challenges, but QuickBooks for Churches and Nonprofits&nbsp;will guide you through the specific necessities of using QuickBooks accounting software for nonprofits. Even if you have no accounting knowledge, this book will banish your frustration and improve your bookkeeping.<h2 style="text-align: start" id="53cf84ec-464d-43e6-9334-792377ea94ac" data-toc-id="53cf84ec-464d-43e6-9334-792377ea94ac">What you will learn:</h2><h3 style="text-align: start" id="efea5b7f-09a3-4861-af3a-13acbe5b24ba" data-toc-id="efea5b7f-09a3-4861-af3a-13acbe5b24ba">The step-by-step instructions and detailed illustrations will describe how to:</h3><ul><li>Design a chart of accounts for churches that will yield the information you need</li><li>Establish internal accounting procedures and controls to safeguard the money</li><li>Record tithes, stock donations, and related incoming cash flow</li><li>Send year-end donor acknowledgments</li><li>Track investment gains and losses</li><li>Calculate payroll without relying on an outside service</li><li>Record stock donations</li><li>How to record a mortgage</li><li>Track member for fundraisers and mission trips</li></ul><h2 style="text-align: start" id="031b436f-3882-4a58-9425-bf59e12be609" data-toc-id="031b436f-3882-4a58-9425-bf59e12be609"></h2>QuickBooks for Nonprofits and Churches-A Step-By-Step Guide to the Pro, Premier, &amp; Nonprofit Versions covers the latest&nbsp;QuickBooks release.&nbsp; If you are looking for help with QuickBooks Online accounting software for nonprofits, check out&nbsp;QuickBooks Online for Nonprofits &amp; Churches.Bundle other books and resources to save time and money getting your nonprofit or church set up properly and understanding all those IRS rules. Click here for the nonprofit&nbsp;add-ons&nbsp;and here for the religious organizations' options.Lisa London, CPA, understands that not everyone thinks like an accountant. That's why she started The Accountant Beside You series to assist non-accountants in untangling the financial knots that come with running a small business, church, or nonprofit organization. She walks readers through the process of setting up QuickBooks from a chart of accounts custom-designed for churches to running the reports for the year-end and preparing for an audit.&nbsp;Take control of your organization's finances with The Accountant Beside You!<h2 style="text-align: start" id="2d85e234-13ca-44d9-ac15-3eaf7e8a9d5b" data-toc-id="2d85e234-13ca-44d9-ac15-3eaf7e8a9d5b">Contents</h2>Chapter 1&nbsp; &nbsp;QuickBooks, Fund Accounting, &amp; Internal Controls&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1Chapter 2&nbsp;&nbsp;Acquainting Yourself with QuickBooks&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7<ol><li>Layout of the Program 7</li><li>Backing Up. The Most Crucial Part of this Process!!! 10</li><li>Restoring the Data 14</li></ol>Chapter 3&nbsp;&nbsp;&nbsp;Getting Started 16<ol><li>Required Information 16</li><li>Express Start 16</li><li>Preferences 19</li></ol>Chapter 4&nbsp;&nbsp;Designing the Nonprofit Chart of Accounts 28<ol><li>Designing 28</li><li>Numbering Structure 28</li><li>Naming&nbsp; 30</li><li>How to Upload&nbsp; 30</li><li>Adding New&nbsp; 33</li><li>Tracking Restricted Cash 37</li><li>Enter Chart of Accounts 38</li><li>Editing, Deleting, and Hiding&nbsp; 38</li><li>Beginning Balances 41</li></ol>Chapter 5&nbsp; Tracking Grants &amp; Programs&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 44<ol><li>Classes vs. Jobs 44</li><li>Recording the Beginning Balance Entry 48</li></ol>Chapter 6&nbsp;&nbsp;Tracking the Transactions-Items 52<ol><li>Types of Services 52</li><li>Basic Item List: Donations, Expenses, &amp; Volunteers 53</li><li>Setting Up New Items 54</li><li>Using Items to Allocate Expenses 55</li><li>Tracking Volunteer Hours through Items 55</li><li>Fixed Asset Item List 56</li></ol>Chapter 7&nbsp;&nbsp;&nbsp;&nbsp;Setting Up Donors and Vendors&nbsp; 59<ol><li>Setting up Members and Other Donors 59</li><li>Custom Fields 64</li><li>Job Entry-Specific Grants or Contracts 66</li><li>Other Member Information 66</li><li>Attaching Files to Your Member’s Account 69</li><li>Setting Up Vendors (The People You Pay) 70</li></ol>Chapter 8&nbsp;&nbsp;&nbsp;Importing Donors &amp; Vendors from Files&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74<ol><li>Getting Members from Email Contacts 74</li><li>Spreadsheet Method: Importing w/Multiple List Entries 80</li></ol>Chapter 9&nbsp;&nbsp;Recording the Money Coming In&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85<ol><li>Accounting Controls for Receipts 85</li><li>Entering Donations 88</li><li>Entering Cash Receipts 93</li><li>Entering Donations from a Separate Donor Base 93</li><li>Pledges Made and Paid 94</li><li>Emailing Donor Invoices 97</li><li>Receipt of Restricted Funds 98</li><li>Miscellaneous Receipts 99</li><li>Pass-Through Collections 101</li><li>Undeposited Funds 103</li><li>Recurring Donations from Credit Cards 106</li></ol>Chapter 10&nbsp;&nbsp;&nbsp;&nbsp;Recording the Money Going Out&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 108<ol><li>Cash vs. Accrual Methods 108</li><li>Internal Controls for Paying Bills 108</li><li>Controls for Electronic Payments 110</li><li>Entering Bills 111</li><li>Copy/Paste Line Items 113</li><li>Recurring Bills 114</li><li>Editing and Deleting Invoices 116</li><li>Bills Entry Main Menu 117</li><li>Paying Bills 117</li><li>Tracking Amounts Owed to Parent Organizations 119</li><li>Online Banking Payments 120</li><li>Write Checks 120</li><li>Handwritten Checks 122</li><li>Bank Drafts 123</li><li>Entering Credit Card Receipts 124</li><li>Credits Received from Vendors 125</li><li>Automatic Allocation of Expenses 127</li></ol>Chapter 11&nbsp;&nbsp;Entering Payroll 130<ol><li>Recording Payroll from a Payroll Service 130</li><li>Preparing Payroll In-House 133</li><li>Employee Setup 135</li><li>Generating Payroll 146</li><li>Payroll liability payments 150</li></ol>Chapter 12&nbsp;&nbsp;&nbsp;Using Bank Feeds&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 152<ol><li>Understanding Bank Feeds 152</li><li>Bank Feed Rules 153</li><li>Cash Transfers 156</li></ol>Chapter 13&nbsp;&nbsp;&nbsp;Reconciling the Bank&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159<ol><li>Internal Controls &amp; Bank Reconciliations 159</li><li>Returned Checks 159</li><li>Voiding a Check 161</li><li>Reconciling the Bank Account 163</li><li>Reconciling Petty Cash 168</li></ol>Chapter 14&nbsp;&nbsp;&nbsp;&nbsp;Designing &amp; Running Reports&nbsp;&nbsp;&nbsp;&nbsp; 169<ol><li>Types of Reports 169</li><li>Navigating the Reports Center 170</li><li>Defining the Parameters 171</li><li>Most Useful Reports 180</li><li>Exporting Reports to a Spreadsheet 184</li><li>Other Miscellaneous Reports 187</li></ol>Chapter 15&nbsp;&nbsp;&nbsp;Planning the Budget&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 189<ol><li>The Budget Process 189</li><li>Entering Your Budget 191</li><li>Forecasts 197</li><li>Cash Flow Projector 199</li></ol>Chapter 16&nbsp;&nbsp;&nbsp;Closing Out Month End and Year End&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 202<ol><li>Reviewing your transactions 202</li><li>Month &amp; *Year-End Checklist 203</li><li>Allocate Fund Balances 207</li><li>Restricted versus Unrestricted Cash 208</li><li>Year-End Adjusting Entries 210</li><li>Board Reports 210</li><li>Year-End Closing 210</li><li>Year-End Donor Acknowledgments 211</li><li>Other Year-End Requirements 215</li><li>1099 Filings 215</li><li>File W-2s for Employees 219</li></ol>Chapter 17&nbsp;&nbsp;&nbsp;&nbsp;How Do I Handle…???&nbsp;&nbsp;&nbsp; 221<ol><li>How Do I Handle …? 221</li><li>Mission Trips or Member-Specific Accounts 221</li><li>Fundraisers 224</li><li>In-Kind Donations 225</li><li>Volunteer Hours 226</li><li>Show a Reserve on the Income Statement 230</li><li>Inter-fund Transfers 232</li><li>Donations of Stock 233</li><li>Investment Gains and Losses 235</li><li>How Do I …??? 236</li><li>Set Up Multiple-Users and Passwords 236</li><li>Send an Accountant Copy 241</li><li>Record a Mortgage 243</li><li>Send a Thank You from the Receipts Screen 245</li><li>Using the purchase order option on grants 250</li><li>Merge duplicated donor or vendor accounts 252</li><li>What About …..? 252</li><li>Reports I Need for an Audit 252</li><li>Tax Stuff 253</li></ol>Index&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255<h2 style="text-align: start" id="e4c67071-88e7-49d4-a4fb-5a12bb0ece0e" data-toc-id="e4c67071-88e7-49d4-a4fb-5a12bb0ece0e">Book Information</h2>Title QuickBooks For Churches &amp;&nbsp; Nonprofits<h3 style="text-align: start" id="c4dd2f29-bb9c-4b9f-aa16-7a673f78337d" data-toc-id="c4dd2f29-bb9c-4b9f-aa16-7a673f78337d">Author Lisa London, CPA</h3>ISNI&nbsp;0000 0004 5059 7909ISBN 978-1-945561-95-5Library of Congress Number 2019916525Published November 2019 by Deep River Press, Inc.Copyright 2019 Deep River Press, Inc.&nbsp;Pages 259Order InformationSetting up an account is not required but is recommended to make it easier to track your shipments and download any digital files.E-Books and any digital files are available immediately. 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Learn to use the Pro, Premier, and Nonprofit versions of QuickBooks desktop for your small church or nonprofit with Lisa London, CPA's no-jargon approach.

QuickBooks for Nonprofits and Churches- Accounting Guide - Pro, Premier Software (Paperback)

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