4000–4999: Revenue
§ § § §
5000–5999: Program Expenses 6000–6999: Management & General
7000–7999: Fundraising
Video Tutorial: o For guidance on setting up a standard COA with account numbers, watch: o
•
§
§ Standard Chart of Accounts with Account Numbers
3.2 Configure QuickBooks Online for Nonprofit Tracking
1. Enable Class & Location Tracking:
• Turn On Features: o Click the Gear Icon > Account and Settings > Advanced > Categories . o Activate both Track classes and Track locations . • Define Classifications: o Classes: Use for major programs or grants. o Locations: Use for multiple sites or significant cost centers. • Purpose: o Enhances the ability to produce statements by function and program. • Video Tutorial: o For a detailed walkthrough on setting up class tracking, watch:
§
Made with FlippingBook - professional solution for displaying marketing and sales documents online