Training Course on Accounting for NGOs using QuickBooks
Course Overview
The Accounting for NGOs using QuickBooks training is designed to provide participants with comprehensive knowledge and practical skills in using QuickBooks for accounting in Non-Governmental Organizations (NGOs). Participants will learn how to set up QuickBooks specifically for nonprofit organizations, customize the chart of accounts, manage donations and grants, track expenses, generate financial reports, ensure compliance, and more. Through hands-on exercises and real-world scenarios, participants will gain the confidence to effectively manage NGO finances using QuickBooks.
Course Duration
Online Training: 6 days
Classroom Training: 5 days
Course Outline
Module 1: Introduction to Nonprofit Organizations and QuickBooks
- Understanding the unique accounting needs of Nonprofit Organizations (NGOs)
- Overview of QuickBooks and its relevance for NGOs
- Setting up a Nonprofit Organization in QuickBooks
Module 2: Chart of Accounts for NGOs
- Designing a customized chart of accounts for nonprofit entities
- Allocating accounts to different fund categories
- Integrating income, expense, and fund accounts
Module 3: Recording Donations and Grants
- Properly recording donations and grants in QuickBooks
- Tracking restricted and unrestricted funds
- Generating reports for donor stewardship
Module 4: Managing Programs and Projects
- Allocating expenses to specific programs and projects
- Monitoring and reporting on program-related financials
- Utilizing classes and projects in QuickBooks
Module 5: Budgeting for Nonprofit Organizations
- Creating and managing budgets in QuickBooks
- Tracking budget vs. actual performance
- Modifying budgets to accommodate changing circumstances
Module 6: Financial Reporting for NGOs
- Generating standard financial reports (income statement, balance sheet, cash flow statement)
- Creating custom reports for nonprofit-specific metrics
- Utilizing QuickBooks reporting features for transparency and accountability
Module 7: Compliance and Regulatory Reporting
- Overview of nonprofit compliance requirements
- Preparing and filing IRS Form 990
- Generating necessary reports for regulatory bodies
Module 8: Year-End Closing Procedures
- Conducting year-end closing procedures in QuickBooks
- Preparing financial statements for external audits
- Reviewing and adjusting entries for accurate reporting
Module 9: Advanced Features in QuickBooks for NGOs
- Integrating third-party fundraising tools with QuickBooks
- Using QuickBooks for donor management
- Implementing automation and time-saving features
Module 10: Case Studies and Practical Applications
- Analyzing real-world examples of nonprofit accounting in QuickBooks
- Group discussions on challenges and solutions
- Practical exercises to reinforce learning
Note: This outline provides a general structure for the training. The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.
Classroom Training Schedule
Start Date | End Date | Location | Cost | Apply |
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May 20, 2024 | May 24, 2024 | Nairobi | $ 950 | Register |
Jun 24, 2024 | Jun 28, 2024 | Nairobi | $ 950 | Register |
Jul 29, 2024 | Aug 02, 2024 | Nairobi | $ 950 | Register |
Sep 02, 2024 | Sep 06, 2024 | Nairobi | $ 950 | Register |
Oct 07, 2024 | Oct 11, 2024 | Nairobi | $ 950 | Register |
Nov 11, 2024 | Nov 15, 2024 | Nairobi | $ 950 | Register |
Dec 16, 2024 | Dec 20, 2024 | Nairobi | $ 950 | Register |
Virtual Training Schedule
Start Date | End Date | Location | Cost | Apply | |||
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Jun 03, 2024 | Jun 08, 2024 | Online | $ 400 | Register | |||
Jul 08, 2024 | Jul 13, 2024 | Online | $ 400 | Register | |||
Aug 12, 2024 | Aug 17, 2024 | Online | $ 400 | Register | |||
Sep 16, 2024 | Sep 21, 2024 | Online | $ 400 | Register | |||
Oct 21, 2024 | Oct 26, 2024 | Online | $ 400 | Register | |||
Nov 25, 2024 | Nov 30, 2024 | Online | $ 400 | Register |
Registration Process
Enrolling in our training programs is effortless! Upon submitting your details on the course registration link, a representative will get in touch with the relevant information.
Group Discounts
Boost your team's skills and maximize value with our attractive group discounts. Enroll 3 or more participants and enjoy significant discounts on any of our training programs.
Course Language
This Training course is offered in ENGLISH . Please indicate the language of choice during registration.
Training Approach
Our instructor-led trainings use well guided presentations, practical exercises, and group acivities. Participants are encouraged to bring any data relevant to their job responsibilities. Training manuals and additional reference materials are provided to the participants.
Certification
Upon completion of training, the participant will be issued with a certificate of Completion.
Post Training Support
Our commitment our clients success extends beyond the training program. We offer ongoing 3 months support through Q&A sessions, online forums, and access to our expert instructors.
Tailor-Made Course
We design customized training programs and inhouse workshops to meet specific training needs and organizational goals. Contact us to find out more: training@perk-gafrica.com