I am a big Quickbooks fan and have used it for years in my own business but working on the books for a Non-Profit and creating a "complete picture" profile is another story.
Fred Donovan and I had a 3 hour Quickbooks lesson today from Cheryl Hajek who is an accountant and Quickbooks Certified teacher.
I had all the entries in Quickbooks for past 3 years for 2 different bank accounts, but I didn't know what accounts to assign the proper accounts.
What I mean by that is tracking the 1st floor from the 2nd floor entries, tracking volunteer hours that can be used for grants matches, listing donated products & from whom, tracking the various CDBG & USDA Grants, etc.
But then there is the whole thing of the difference between a fixed asset and just an expense.
Cheryl helped create and put everything in the proper account!
Wow... it was fun and I learned a lot! Now we can see the whole picture of our physical and monetary value.
Everything is up to date and in good order! YEAH!