Month: November 2021
Are You Using QuickBooks’ Custom Fields? Should You Be?
QuickBooks was designed to be used by numerous types of small businesses. Custom fields help you tailor it to meet your own needs.
Expand QuickBooks Online’s Features: Use Integrated Apps
Are you finding that you need more flexibility in an area of QuickBooks Online? Maybe it’s time to try an integrated app.
Non-Profit Restructuring Has Become Easier, but Not Without Challenges
A few years ago, IRS Revenue Procedure 2018-15 changed the rules regarding not-for-profit restructuring. If you’ve participated in a restructuring in the past, you’ll be relieved to know that in many cases it’s now easier. Even so, if recent challenges have led your organization to consider restructuring, it’s important to work with a professional advisor,… Continue reading Non-Profit Restructuring Has Become Easier, but Not Without Challenges
Established Non-Profits Must Continue to Build and Grow
If your non-profit was well-established before 2020, it probably weathered the pandemic and resulting economic stress better than younger organizations. But as you transition out of “survival” mode, challenges remain, including those faced by most non-profits, such as finding staffers and fundraising in an inhospitable environment. Then there are obstacles specific to mature not-for-profits. Here… Continue reading Established Non-Profits Must Continue to Build and Grow
Your Board Can’t Do Its Job Without Information From You
If your non-profit’s board members don’t have the information they need to make decisions, the repercussions can be severe. Board time can be wasted, voting may be delayed and your organization may be unable to act when it needs to. Worse, board members might make decisions based on faulty information, negatively affecting your mission. Here’s… Continue reading Your Board Can’t Do Its Job Without Information From You
When Non-Profits Should Return Donations
Return requests generally are rare, but occasionally donors may ask your not-for-profit to return their gifts. Are you required to comply? What if you’ve already spent the money? Such requests raise many difficult questions — and even the answers can be complicated. But establishing a return policy can help.
How Do You Connect to Your Banks in QuickBooks?
Importing your bank transactions into QuickBooks saves time, improves accuracy, and makes you a better money manager.
Record Expenses in QuickBooks Online and On Your Phone
The money you spend to run your business must be recorded conscientiously for your taxes and reports. Here’s how to do it.