Advertiser Disclosure

💳 Save money on credit card processing with one of our top 5 picks for 2022

QuickBooks For Nonprofits: The Complete Guide

    Erica Seppala
  • 8 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.

Try A Top Pick For Payroll

ADP Payroll



Get A Quote

Read our Review

We like ADP Payroll for its advanced employee management, strong payroll features, and great customer support. Get three months free when you sign up through our links. Get Started.

Try A Top Pick For Payroll

ADP Payroll



Get A Quote

Read our Review

We like ADP Payroll for its advanced employee management, strong payroll features, and great customer support. Get three months free when you sign up through our links. Get Started.

Leave a comment

8 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Ref

    I’ve recently taken a position with my Homeowners Association, which is considered a non-profit. Our HOA is small but could definitely benefit from the structure that QB software offers.

    I would like to purchase this software for the Association and not myself personally so that the finances will be easier to transfer to new directors once the current board moves on.

      Jessica Dinsmore

      Hi Ref,

      You could definitely use QuickBooks for this purpose, or you could also look into QBO if you want an easier-to-use, cloud-based solution. QuickBooks offers lots of tips for customizing QBO for use for nonprofits. Either QB Desktop or QBO will work for the situation you’ve described. Good luck!

        Jay S

        Quickbooks should never be recommended for non profits like churches. First it doesn’t follow FASB Topic 958 by having self balancing accounts within funds. You can’t use classes in QB to accomplish this. Second QB allows transactions to be entered without assigning a class thus the reports will always be wrong since unclassified transaction don’t get put on any of the reports for say the General Fund class. While QB is good for a for profit company in most regards, it also does not follow ALL GAAP standards.

          This comment refers to an earlier version of this post and may be outdated.

          Amy chui

          1. Any discount for charity organization?
          2. Our organization is very very small. Which version of quickbook you recommend.

          Thanks

            This comment refers to an earlier version of this post and may be outdated.

            Chelsea Krause

            Hi Amy,

            Thanks for reaching out! QuickBooks does offer a nonprofit discount for it’s QuickBooks Online product. You can learn more about that here. My recommendation would depend less on the size of your business and more on your familiarity with accounting. If you don’t have much accounting experience, need mobility, or are looking for specific nonprofit integrations like Kindful, DonorPath, or NeonCRM, then I’d recommend using QuickBooks Online. If you are familiar with traditional accounting (or are up fo the steep learning curve) and need more advanced reporting, then QuickBooks Premier Nonprofit Edition might be a better fit.

            I’d recommend reading our post on the best nonprofit integration for QuickBooks Online to learn if one fo those options will meet your needs. Then give QBO a try with the free trial to help you decide if you like the software or not. Let us know if you have any other questions!

            Best wishes,

            -Chelsea Krause

              This comment refers to an earlier version of this post and may be outdated.

              Jac Martin

              QuickBooks is now helping the non-profit organization to manage their accounting work, nicely explained the points about available Quickbooks version for the non-profit organization.

                This comment refers to an earlier version of this post and may be outdated.

                SD

                This was a great article that helped me make a decision on what product we really need. Thanks!! 🙂

                  This comment refers to an earlier version of this post and may be outdated.

                  Chelsea Krause

                  I’m glad you found the article to be so helpful!

                  Best wishes,

                  -Chelsea Krause

                    This comment refers to an earlier version of this post and may be outdated.

                  Leave a Reply

                  Your email address will not be published.

                  Comment moderation is enabled. Your comment may take some time to appear.
                  Please read the "User Review and Comment Policy" before posting.

                  The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

                  Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

                  Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

                  Featured Offer: We Recommend QuickBooks 🎉

                  Take it for a spin with a free trial.

                  Start Trial

                  Get started for free

                  Sign up for the Maverick Newsletter

                  • Please select topics of interest

                  • We occasionally send out emails with special offers.
                  • This field is for validation purposes and should be left unchanged.