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Top 7 features of QuickBooks Enterprise for Nonprofit Organizations

9/7/2020

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​Every nonprofit organization needs proper accounting in their books. Most nonprofit organizations require similar accounting services as other regular companies.
They need tools to record dealings, make budgets, perform bank errands. But the main thing they need an accounting tool for is to track donations from philanthropists. Not many accounting tools offer all the features they will need in one.
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​QuickBooks Enterprise for Nonprofits is an accounting platform that offers the features that nonprofit organizations need to take care of their accounting needs. Here are 7 QuickBooks Enterprise features for Nonprofit organizations. 

QuickBooks Enterprise for Nonprofits is an accounting platform that offers the features that nonprofit organizations need to take care of their accounting needs. Here are 7 QuickBooks Enterprise features for Nonprofit organizations.

​1. Detailed reporting sheets

Every industry has a number of industry-specific reports and balance sheets they need to facilitate their business. QuickBooks has the Advanced Reporting tool that allows you to customize your reports to your preference. You don’t need to be an expert in compiling reports to use the tool well.
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Nonprofit organizations require specific reports that work well in the organization. They need budget by programs to compare their budgets to the results gotten. This can help them track their organization’s goals. They also have a statement of financial income that details how their income and expenses. They can also track their donors and grants that details every contribution that comes into the organization.

2. ​User-friendly interface 

QuickBooks has easy navigation that is great for anybody to use. You don’t need any experience with QuickBooks or any affiliated tool to be able to use QuickBooks Enterprise. Every function is interrelated and laid out with a workflow view that shows how every task is planned and completed.
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Additionally, you can find tutorial videos and posts that answer questions about how to navigate the site easily. You can also get Priority circle Support for every account. They can assist you with everything ranging from setup to navigation.

3. ​Electronic invoicing

Invoices are important to nonprofit organizations because they detail the cash going in and leaving the organization. They need updated invoices that show the cash flow in the organizations and how much they have at hand. QuickBooks Enterprise makes it easier for the organizations to invoice their donors and get payments with their electronic invoices.
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You can also email invoices to your customers with the Pay Now links. The payments instantly connect to the right invoices once the payments are made. You can also automate payment reminders to remind you of payments. 

4. ​Unified chart of accounts

The Unified Chart of accounts is a practice for the chart of accounts for nonprofit organizations. It is based on financial line items on Form 990 for the IRS. The UCOA aims to organize transactions across all organizations in the nonprofit industry dependably.
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It makes it easier for nonprofit organizations to fill forms and interpret financial statements. QuickBooks has the UCOA in its default chart of accounts. The chart found there is the default chart. You can customize it to suit the kind of reports your organization requires and the kind of programs you complete.

​5. Integrates with Microsoft office 

Microsoft office is one of the most popular mediums for communications between nonprofit organizations and their customers. QuickBooks integrates with Microsoft office, and it allows you to import word templates and excel documents to and from Word and Excel. It makes it easier for organizations to work with both platforms without switching between them and retyping templates.
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You can also customize your templates, reports, and forms to suit your company’s brand. The software will automatically insert your information in the templates across platforms. You can also customize the layout to insert fields like your logo and organization’s mission statement. 

6. ​Mileage tracking 

​Mileage tracking is common in nonprofit organizations. Usually, employees may be required to use their vehicles for errands and then given reimbursements afterward. QuickBooks makes it easy for employees to track their mileage for multiple vehicles and different programs. They can also identify the miles used for specific projects and decide which is billable.

7. Integrates with Salesforce CRM

 Salesforce is a great tool for donor relationship management and managing financial data. Since QuickBooks integrates with Salesforce, it makes it easier to share financial data between the members of the sales team. It removes the stress of imputing data multiple times, and it makes it much easier to manage financial data.
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