QuickBooks for nonprofit
May 06, 2015

QuickBooks for nonprofit

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Software Version

Accountant, Nonprofit

Modules Used

  • Accountant
  • Nonprofit

Overall Satisfaction with QuickBooks Premier

As a small nonprofit we use QuickBooks to manage our bookkeeping and financial reporting, grant administration and donation collection. It also allows us to track functional expense allocations through the use of classes and grant expenditures through customer jobs.
  • Customer / job invoicing and tracking is simple and straightforward. Easy to manage accounts/grants receivable through the program.
  • Customizable templates to add our logo, identifying information and messages to invoices and receipts allow us to produce more professional, non-cookie-cutter statements.
  • Payroll modules integrate seemlessly with reporting structure, which avoids having to make entries separate from payroll reporting.
  • QuickBooks reporting templates need some work to allow more customization, especially with the heading labels, subtotal breaks and terminology for nonprofit statements to match industry standards.
  • QuickBooks premier industry versions do not have the same journal entry view as the Accountant's version, which shows a list of previous entries at the bottom half of the screen.
  • Allowed more efficient reporting.
  • Allowed more efficient payroll computation / payments.
No other accounting software was used.
QuickBooks Premier is well suited for small nonprofits who need more than just straight bookkeeping.

QuickBooks Desktop Premier Feature Ratings

Accounts payable
8
Accounts receivable
9
Cash management
9
Bank reconciliation
10
Expense management
8
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
8
Self-service portal
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Pay calculation
10
Benefit plan administration
Not Rated
Direct deposit files
9
Salary revision and increment management
7
Reimbursement management
8
Dashboards
Not Rated
Standard reports
8
Custom reports
4
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
8