Tracking Restricted Grants in QuickBooks: Desktop Version

Details
Date: 
Wednesday, May 27, 2020 - 12:00pm to 1:30pm
Cost: 
$69.00
Organization Name: 
Grant Station
Event Topic: 
Description

Do you receive grants that are restricted in some way? Do you struggle to complete grant spending reports at the end of a grant? Do you spend hours going through transactions and payroll reports trying to figure out which expenses were paid for from a grant? And what about grants with a budget by account that must be adhered to?

By simply setting up a few things, you can easily get a profit and loss statement for each of your restricted grants (compared to budget if you’d like). You can also see reports for your grants all on one screen and in real time. All of this can be easily tracked right in your QuickBooks software, which will definitely make the process easier for you!

We are very excited to have Gregg Bossen, a CPA specializing in nonprofits and president of QuickBooks Made Easy for Nonprofits, deliver one of his most popular webinars exclusively for us!

In this webinar, we will show you how you can easily track restricted grants in QuickBooks. Topics include: 

  • How and where to set up your grantors
  • How to enter grant revenue
  • How to point expenses to a grant
  • How to allocate P/R to a grant
  • How to enter grant budgets
  • How to generate and memorize reports on your grants
  • How to deal with future year grants received this year that make it look like you made much more money than you did
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