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Webinar Training Series: Using QuickBooks as a Small Nonprofit

February 24, 2015 @ 2:00 pm - March 3, 2015 @ 3:00 pm

| $149

A two-part webinar series:

  1. Tuesday, February 24th  — 2-3pm ET
  2. Tuesday, March 3rd — 2-3pm ET

Inexpensive, user-friendly, and widely used across the nonprofit sector, QuickBooks is often the best choice for small organizations with limited resources to invest in accounting software. However, originally designed for companies in the for-profit realm, QuickBooks has limitations when it comes to tracking and reporting on restricted donations and grants.

Over the course of working with many organizations to build and strengthen financial management systems, FMA has refined a series of QuickBooks customizations and “workarounds” to help facilitate nonprofit accounting in this for-profit system.

FMA experts will deliver a virtual learning series on how to use QuickBooks to “operationalize” financial management best practices. Consisting of two hour-long web-based workshops, the series includes practical tips and guidelines for using QuickBooks to meet nonprofit financial reporting needs.

Eventbrite - Webinar Training Series: Using QuickBooks as a Small Nonprofit -- February 24th and March 3rd, 2015


The intended outcome of participation in this series is for participants to walk away with concrete, practical next steps in configuring QuickBooks to support a range of financial management best practices.

As a result of their participation in the web-based training program, participants will understand how to:

  • Structure QuickBooks to mirror their organization’s operational framework, as well as the budget template from strongnonprofits.org.
  • Generate budget-to-actual reports by program and funding source, which will support both internal decision-making and external reporting
  • Track and release Temporarily Restricted Net Assets

About the Course:

The two webinars s will provide an overview of how to structure the system, examples of how to execute key transactions, and tools and tips to maximize use of QuickBooks in the nonprofit realm. Specific topics covered in the two sessions will include the following:

  • Structuring the Chart of Accounts
  • Configuring the Class and Customer functions to track programs and funders
  • Managing the tracking and release of Temporarily Restricted Net Assets
  • Tips to maximize system use, including importing and exporting data, using memorized transactions, generating financial reports, and customizing available data security features

In order to ensure the web-based workshops are not merely a passive learning experience, participants will be asked to prepare for the sessions by reviewing key internal financial documents and their current QuickBooks structure. During the workshops, FMA will conduct intermittent “polls” to enable the organizations to benchmark their QuickBooks challenges against those of their peers. There will also be time allotted for a virtual Q&A at the end of each session.

In between the two sessions, participants will be asked to take time to begin to identify changes that need to be made to increase the functionality of their QuickBooks system and develop an initial action plan for change.

Finally, as part of the virtual learning series, FMA will provide tools to support participants’ implementation of concepts learned in the workshops, including the following:

  • Excel-based schedule to track Temporarily Restricted Net Assets
  • Sample “best practice” reporting formats

If you have questions click here to visit our frequently asked questions page.




February 24, 2015 @ 2:00 pm
March 3, 2015 @ 3:00 pm
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