Can Non-profit Organizations (NPOs) use QuickBooks Online?

August 20, 2024

With experience myself managing an NPO, I still get asked the question all the time:

Can NPOs use QuickBooks Online?

The answer is YES. They certainly can.

Generally speaking, Non-profit Organizations (NPOs) often struggle with recording specific accounting transactions and managing their finances without the help of a software like QuickBooks Online.

Here's how:

  1. QuickBooks Online Advanced: Now there is a new "Advanced" version of QuickBooks Online that allows non-profits to efficiently manage critical aspects of their finances in specific ways.
  2. Detailed financial reports
  3. Managing donors and grants
  4. Ensuring compliance with non-profit accounting standards

QuickBooks Online Advanced offers a comprehensive toolkit to meet and exceed the demands of an NPO’s financial management.

Staying informed is your best strategy.

If your non-profit is considering QuickBooks Online or if you’re looking to optimize your current setup, our CPA firm is here to help. With specialized expertise in non-profit accounting, we can guide you through the setup, customization, and maintenance of your QuickBooks environment to ensure it fully supports your organization’s goals.

For more information, consult QuickBooks.com and if you're looking for a CPA in Ottawa, please don’t hesitate to reach out.

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Disclaimer
The information provided on this page is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without a specific consultation. Lucas CPA Professional Corporation will not be held liable for any problems that arise from the usage of the information provided on this page.