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Ericchen996
February 4, 2020
Question

How to set up chart of accounts for non for profit organization?

  • February 4, 2020
  • 1 reply
  • 0 views

Hi experts,


We are a non for profit organization, which provides multiple services based on funds received. One fund can be for multiple programs which all expenses should be tracked in each program.

My question is: how to set up chart of accounts properly to reflect costs in each program and each fund envelope?


Really appreciate for your answers.

Eric

1 reply

L
LauraAB
February 4, 2020

Welcome, Eric!

 

It's great to have you with us! Having the right setup for your non-profit is important and I want to make sure you have the information you need.

 

Your best resource in this instance is going to be an accountant. As tech support, I can help you navigate and use QuickBooks Desktop's features, but I leave configuring your books to the pros with accounting training. I have an article called Understand QuickBooks Chart of Accounts that shows you how QuickBooks sets up the Chart of Accounts for a non-profit (check out the Industry-specific accounts section), but for what you're requesting, an accountant is ideal.

 

Since we know connecting with an accountant is a big asset for a business, we have a network of accountants that have taken QuickBooks certification courses. You can search for someone in your area by going to the Find an Accountant page on our website.

 

Other users may also leave their input on this thread, so keep an eye out for that.

 

Wishing you all the best!

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