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Beyond Excel: Why Nonprofit Organizations Should Upgrade To QuickBooks

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Beyond Excel: Why Nonprofit Organizations Should Upgrade To QuickBooks

  1. 1. Beyond Excel: Why Nonprofit Organizations Should Upgrade To QuickBooks
  2. 2. Nonprofit organizations are truly an important part of the society as they work "for" the people. Some years ago, most of the nonprofits used Excel to manage their accounting needs. However, as technology evolved, the use of more advanced solutions such as QuickBooks, which automates most of the tasks for nonprofits, came into use. Introduction
  3. 3. Limitations of Excel and How QuickBooks overcomes them.
  4. 4. When there is an update or change in particular data, the entire calculation becomes inconsistent. The related data also neds to change to make corrections. In such cases, Excel may not be able to spot the changes in a first go. QuickBooks is a complete solution to our accounting needs because it fixes the discrepancies, can be easily integrated with other applications, removes the duplicate transactions automatically, and much more. Inconsistency01
  5. 5. Inaccuracy Most of the data entry done on Excel is manual, and it may sometimes result in errors. A small error committed may then lead to a chain of errors, causing substantial loss to the company. QuickBooks is a great alternative to Excel tool as it helps in automating the transactions, generating accurate reports, reconciling the workflow, and eliminating human errors. 02
  6. 6. Features QuickBooks bring to the table for Nonprofits
  7. 7. Somefeatures Nonprofits can store donor information securely Nonprofits can store donor, vendor, and item lists, leaving behind the worry of processing time. The volunteers can access this information anytime they want. 01 Keep the database of information in one place With QuickBooks, nonprofits can keep their Board and the CRA updated. All the necessary information to manage donors, volunteers, and fundraising campaigns will be on the fingertips, which is not possible with Excel. 02
  8. 8. Flexibility to get work done QuickBooks Enterprise offers access to 5-40 users that can share the organization files at once, and easily manage and combine reports from various files for deeper insights. 03 Generate donation invoices With the help of this feature, nonprofit organizations can see the history of invoices that includes invoice creation date, and it's due date. 04
  9. 9. Purchase QuickBooks License from Ace Cloud Hosting Now! Buy Now!
  10. 10. Ace Cloud Hosting is Intuit's QuickBooks Solution Provider and managed cloud hosting provider that offers customized cloud solutions to nonprofit, accounting, tax, retail, and construction industries. We offer on superfast SSD-based servers with 99.999% uptime, 100 days data backup, and always-on support. To know more please visit: or call us at: 1-855-ACE-IT-UP About Us www.acecloudhosting.com Cloud Solutions for Nonprofit Industry
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  12. 12. References Ace Cloud Hosting Beyond Excel: Why Nonprofit Organizations Should Upgrade To QuickBooks Intuit Nonprofit Accounting Software | QuickBooks Enterprise Shutterstock Image Credits

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