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Non-Profit Fund Accounting with Quickbooks

11/7/09 5:15 PM,   Viewed by asker 11/10/09 5:27 PM
Total Views: 72

How would I do fund level accounting in Quickbooks. Was so simple in Moneycounts.  I

downloaded "FundsFix", but that does not seem very (pardon me...) Intuit(ive)

 
 
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11/10/09 2:08 PM

Love the pun!  QB does not really do "fund accounting" but there are several excellent discussions on this forum on jury rigging QB for fund accounting.  Many do it with Classes.

Hope this helps. If so please mark solved, if not please ask more questions. Thanks!

Don Glenn
Accounting Instructor
 
 
 
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11/10/09 3:22 PM

Running QB in Nonprofits, by Ivens, covers the way to set up fund accounting - you use classes for programs and erzatz bank accounts for fund accounting. Nonprofits are no longer required to use fund accounting, by the way.

 
 
 
 
 
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