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Best answer by KimberlyS

I know how you can set up your company file for municipalities, Thassell1963. I'll be pleased to share it here for your guidance.

 

I agree with On Beta. To utilize QuickBooks Desktop Enterprise when tracking finances for municipalities, you'll set up your file as a Nonprofit industry. This guarantees observance of the Governmental Accounting Standards Board (GASB), which requires an even more rigorous inventory of assets.

 

On the other hand, you can run and customize different reports to have a clearer view of your finances. You may also utilize the advanced reporting feature to build your own report.

 

Kindly utilize the Reply button on this thread to notify us of any future concerns you may have about setting up QuickBooks Desktop for municipalities. You can rely on us to share all the feasible solutions applicable to your situation.

2 replies

O
On Beta
September 17, 2024

You can set it up your file as a Non Profit.

K
KimberlySAnswer
September 17, 2024

I know how you can set up your company file for municipalities, Thassell1963. I'll be pleased to share it here for your guidance.

 

I agree with On Beta. To utilize QuickBooks Desktop Enterprise when tracking finances for municipalities, you'll set up your file as a Nonprofit industry. This guarantees observance of the Governmental Accounting Standards Board (GASB), which requires an even more rigorous inventory of assets.

 

On the other hand, you can run and customize different reports to have a clearer view of your finances. You may also utilize the advanced reporting feature to build your own report.

 

Kindly utilize the Reply button on this thread to notify us of any future concerns you may have about setting up QuickBooks Desktop for municipalities. You can rely on us to share all the feasible solutions applicable to your situation.

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