Course Overview
QuickBooks is an accounting software package geared mainly toward small and medium-sized businesses who use it to manage sales and expenses, keep track of daily transactions, generate reports for planning, and more. QuickBooks Desktop Enterprise Nonprofit Accounting Software includes the features and functionality of QuickBooks and has features designed for nonprofit organizations.
This training on accounting for NGOs using QuickBooks course is aimed at equipping the participants with skills to use QuickBooks Desktop Enterprise nonprofit software tools to meet the accounting needs of their non-profit/NGO organization.
Course Duration
5 Days
Who Should Attend
- NGO Accountants
- Financial Managers
- Grants Managers
- Program Managers
- Administrative Officers
- Anyone involved in financial management within NGOs
Course Objectives
By the end of this course, participants will:
- Set-up budgets, track actual with the budgets and report on variances
- Generate various financial reports and statements for Management, Donors & Auditors.
- Manage donors, grants, and pledges
- Manage vendors & suppliers
- Allocate expenses across multiple programs
- Post income and expenses by fund
- Manage cash advances given out
- Track details of Cash/Bank Account transactions
Course Outline:
Module 1: Introduction to QuickBooks and NGO Accounting
- Overview of QuickBooks
- Basics of NGO accounting principles
- Setting up QuickBooks for an NGO
- Creating and managing the chart of accounts
Module 2: Managing Donations and Grants
- Recording donations
- Tracking and managing grants
- Donor management
- Allocating funds to various projects and programs
Module 3: Financial Transactions and Expense Management
- Recording expenses and payments
- Managing petty cash and reimbursements
- Bank reconciliations
- Budgeting and tracking expenditures
Module 4: Financial Reporting and Analysis
- Generating financial reports (profit and loss, balance sheet)
- Customizing and interpreting reports for NGOs
- Donor-specific reporting
- Analyzing financial data for decision making
Module 5: Compliance and Best Practices
- Ensuring compliance with donor requirements
- Internal controls and financial oversight
- Best practices for NGO financial management
- Practical exercises and case studies
Customized Training
This training can be tailored to your institution needs and delivered at a location of your choice upon request.
Requirements
Participants need to be proficient in English.
Training Fee
The fee covers tuition, training materials, refreshments, lunch, and study visits. Participants are responsible for their own travel, visa, insurance, and personal expenses.
Certification
A certificate from Ideal Sense & Workplace Solutions is awarded upon successful completion.
Accommodation
Accommodation can be arranged upon request. Contact via email for reservations.
Payment
Payment should be made before the training starts, with proof of payment sent to outreach@idealsense.org.
For further inquiries, please contact us on details below:
