Wednesday, March 21, 2012

Quickbooks Class

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! 

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