QuickBooks Online for Nonprofit uses a variety of specialized reports such as annual board member reports, donor reports, and grant reports. For donors, you can run a report called CustomerStatement report (This shows the statement of Activity by Donor which displays your revenue, expenditures, and net income (profit or loss) by donor.
Here's how to run the report:
Go to Reports on the left panel.
Enter the report name in the search field.
Click Customize.
Under Rows/Columns mark check the specific items you want to show in the report.
QuickBooks Online has no feature to print proper donor statements.
Instead, try our BRC Donor Statements - QB Online which will create them for you, ready to print and mail, optionally ready for your windowed envelopes.
We built a powerful web app to make it extremely simple to bulk generate beautiful IRS-compliant statements for all your donors as once, or create a statement for an individual donor. We also have powerful filters to tailor make statements according to your own criteria. You can set our app to automatically email statements to each donor, or print a PDF to mail them out as you prefer.