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Very interesting

Thanks for clarifying the key differences between the roles.

Awesome! Thx!

Our organization often receives unconditional donations online in January, but donors want it to count towards the prior year. Am I ok to record those donations at 12/31 as pledge receivables (debit pledge receivable and credit revenue), then clear that out in Jan when funds are actually deposited?

Controller…

Thanks for making this video. You helped me not to make a big mistake.

This video is incredibly helpful. We're starting the new year making sure our small nonprofit is using Quickbooks the most efficient way to reduce all that extra work you talked about. The "clean slate" thing really resonated. Gotta get those stress chemicals down in 2025! Also love that you're in BROOKLYN just like us.

Excellent video, exactly what I needed! New to the non profit world and our books haven't been set up properly. Thank you!

The information is good, but this should not be title how to set up Quickbooks Online. It's all talking, and not showing how to actually set up Quickbooks Online. Perhaps retitle how to structure Quickbooks Online.

I'm SOOO grateful for your video!! Since watching it, I realized I do have a "muddy" set of Chart of Accounts being handed down to me. Do you happen to have an email showing how to clean it up?

What if you have multiple funders for a particular project?

New fan here! Thank you so much for such helpful content. What would you say for using custom fields for functional expenses instead of classes?

Thank you! ☺

This is a great channel. We took an exisiting church ministry and transformed it into a 501c3 and have to start an accounting system. This video is so helpful. That last nugget is really helpful, create this in a spreadsheet first. Thank you!

Thank you for breaking this down!

You may have answered this...but which donor management software options do you recommend? Do any interface with QB so the totals of the donations can be imported to QB?

Excellent brief instructions for how to set up locations, projects, and classes. But, did you do a more indepth video on how to actually do this? Also, what are "jobs" used for as related to QBO? Lastly, did you do a video on how to run donor receipts? I am using QB Premier for nonprofits now but it is going away. i will need to setup our organization on QB online now. Which QBO should I purchase from Techsoup to do the accounting for our small nonproift?

thanks. Very helpful video

Thank you so much. This is so helpful

Hi Germeen. Do you have a video on stock donations and posting of the sell of the stocks?

Germeen- Do you have a recommendation for Time and Effort Reporting (time sheets and activity reports) to comply with 2 CFR 200?

How much does it cost to have you set it up for our booster club? Just bought quickbooks online through techsoup.

In a Statement of Financial Position for our organization, I don't want to see the "Equity" heading under Assets. This is not relevant for our organization unless am missing something completely? When is "Equity" relevant?

good job

I thank God I found you! New subscriber 👋🏽

Don’t tie your Functional Expenses into your COA. You end up with duplicate accounts. Stop crowding the financials. The purpose of Functional Expenses: where do they fall? Not only the category, but are these functional expenses making money? Too many users under Functional Expenses. Natural general categories. A statement of activities needs to be streamlined. Keep it simple and clear. Maximize the QBO software use. Run your reports in different ways. Use classes to track Functional Expenses: administrative, programs with sub-classes for each individual program, i.e., gala, fundraising. Now you can run your statement of activity by "class."

SO HELPFUL!!!!!!!

Thank you for this!! It was very informative and helpful

What are your thoughts about using Classes to tract Restricted Funds?

I have learned so much from you. This video could not have been better explained. Thank you Germeen.

@germeeng700 awesome methodology! Thank you! Can you please explain how to use the beginning sub account?

Thank you for an amazing video ❤

Guide

This channel is fantastic and so helpful. Thank you.

Very insightful ❤

This was helpful! Thank you. 😊

I work for a non profit that manages 3 low income housing properties. How do I set up QBO so I can have financials stmt that are separated by properties.

Makes perfect sense. One problem: QuickBooks Online Essentials doesn't offer Classes, so the only option is to use Tags OR to overload the Account group. The difficulty with that, is tags aren't shown once a transaction Category has been added, making that an opaque grouping. One can run reports, yes, but there's no guarantee that someone didn't omit to tag an item. What would you suggest in that case? A flat structure where everything is an Account? I'm not impressed with QB.

Thank you, very insightful video...

Good job

Very Good

🖥 Join the Accounting for Good Membership Community: If you are a new or first-time nonprofit Executive Director, you need to be equipped with the tools to build a financially ​sustainable and compliant organization. Our community is bridging that gap - afgcommunity.my.canva.site/

🖥 Join the Accounting for Good Membership Community: If you are a new or first-time nonprofit Executive Director, you need to be equipped with the tools to build a financially ​sustainable and compliant organization. Our community is bridging that gap - afgcommunity.my.canva.site/

Love your videos! Question - if I"m listing the volunteer as the "vendor" on the reimbursement transaction, how can I accurately track what we've paid actual vendor, since that transaction won' t be tied to the actual vendor's name in QBO? A journal entry?

Germeen- Thank you so much for your informative videos. I work for a small nonprofit. We've outgrown our current accounting set-up. I've learned a great deal about QuickBooks watching you setup videos. I really appreciate the 360 degree view of the challenges and how to approach making an informed decision. I check out your website and have seen that you are not accepting new clients. I'm disappointed. I'm interested in the Guide you discussed in this video. I plan to keep watching. Keep the videos coming!

Thank you so much! I know QB but not in NPO. I was also handed an existing QB that is using corporation terms. This makes so much sense. I watch this and your other videos. I have enough to start the process of conversion. I am so excited!

Hy So encouraging

Can you recommend a free bookkeeping course.

Thanks for the info. I am very interested in your services for our non profit organization