There is a lot that Quickbooks can do for nonprofits yet they depend on excel for their calculations.
Here is why Nonprofit Organizations Should Upgrade To QuickBooks From Excel
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
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. 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.
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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.
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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.
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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.
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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.
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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
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About Us
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Cloud Solutions for Nonprofit Industry