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      Training on Accounting for NGOs using QuickBooks in Nairobi


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      August 10, 2020

      Monday   8:00 AM - 4:30 PM (daily until August 14, 2020)

      Muthithi Road
      Nairobi, Nairobi Municipality

      Performers:
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      EVENT DETAILS
      Training on Accounting for NGOs using QuickBooks

      About the Course

      QuickBooks is an accounting software package geared mainly toward small and medium-sized businesses who use it to manage sales and expenses, keep track of daily transactions, generate reports for planning, and more. QuickBooks Desktop Enterprise
      Nonprofit Accounting Software includes the features and functionality of QuickBooks and has features designed for nonprofit organizations. This course is aimed at equipping the participants with skills to use QuickBooks Desktop Enterprise nonprofit software tools to meet the accounting needs of their non-profit/NGO organization.
      Course duration

      5 Days
      Target Audience

      This course is aimed at finance professionals and accountants working with NGO's
      What you will learn

      By the end of this training the participants will be able to:

      Set-up budgets, track actual with the budgets and report on variances
      Generate various financial reports and statements for Management, Donors & Auditors.
      Manage donors, grants, and pledges
      Manage vendors & suppliers
      Allocate expenses across multiple programs
      Post income and expenses by fund
      Manage cash advances given out
      Track details of Cash/Bank Account transactions

      Course Outline

      The Basics

      Using the nonprofit menu
      Understanding the financial statements of a nonprofit
      The Unified Chart of Accounts (UCOA)
      Nonprofit forms and letters
      Setting up accounts for different types of nonprofits
      Setting up Classes and Programs
      Entering grants

      Tracking Income

      Setting up members and donors
      Recording donations
      Tracking and receiving grants
      Receiving general contributions
      Making deposits

      Tracking Expenses

      Setting up vendors and employees
      Entering and paying bills
      Writing checks
      Payroll management
      Tracking volunteer time
      Classifying expenses and payroll by program
      Allocating expenses by percentage to programs

      Standard Reports for Nonprofits

      Basic Profit & Loss Statement
      Profit & Loss Statement by month and by program
      Budget vs. actual reports
      Year-end financial statements for auditors, directors and accountant

      Customizing QuickBooks

      Adding, deleting, resizing, and reordering columns on reports
      Filtering and formatting reports
      Saving reports and creating memorized report groups
      Customizing forms
      Creating and using custom fields
      Exporting reports to Excel

      Advanced Budgeting

      Entering and reviewing budgets
      Copying prior years' budgets
      Modifying budgets using Excel
      Importing an Excel budget
      Tracking budgets by program
      Entering budgets by grant
      Preparing budget reports for a Board of Directors
      Generating budget vs. actual reports

      Pledges

      Entering pledges
      Reports of outstanding pledges
      Sending reminder letters for overdue pledges

      Membership Organizations

      Invoicing for membership organizations
      Setting up members
      Reports of dues past-due
      Sending renewals

      In-Kind Contributions

      Understanding In-kind Contributions
      Accounting for In-kind Contributions

      Matching Grants

      Setting up Matching Grants
      Recording donations and pledges for Matching Grants
      Reports for Matching Grants

      Capital Campaigns

      Creating a capital campaign
      Setting up accounts, classes, and budgets for a capital campaign
      Entering pledges, individual contributions, and lump-sum contributions
      Recording year-end adjustments
      Reports for capital campaigns

      Special Events

      Creating a special event
      Setting up accounts, items, and budgets for a special event
      Accounting for sponsorship activities
      Entering ticket sales
      Tracking in-kind contributions, lump-sum deposits, and expenses
      Reports for special events

      Direct Mail Pieces (Fundraising Letters)

      Creating fundraising letters
      Creating accounts and items for letters
      Two methods for entering income from letters
      Accounting for expenses
      Reports for fundraising letters

      Fiscal Sponsorships

      Creating accounts, items, and customers
      Two methods for entering income
      Accounting for payments
      Reports for fiscal sponsorships

      Tracking Donors/Volunteers

      Entering information for donors and volunteers
      Sending letters to donors
      Year-end reports for donors
      Tracking time for volunteers

      Tracking Funds

      Creating classes and accounts for funds
      Entering transactions
      Recording beginning fund balances
      Reviewing fund balances

      Advanced Features

      Using QuickBooks on a network (multi-user)
      Password protecting QuickBooks
      Updating QuickBooks
      Protecting your QuickBooks data

      Payroll

      Setting up payroll
      Entering employees
      Setting up payroll items
      Tracking and invoicing time
      Processing paychecks
      Modifying paychecks
      Making tax deposits
      Preparing tax forms

      Tricky Transactions

      Using online banking
      Handling bounced checks...easily
      Entering customer down payments/deposits
      Setting up automatic transactions (memorizing transactions)
      Using credit cards

      Inventory

      Entering purchase orders
      Receiving inventory
      Adjusting inventory quantities

      Training Approach

      This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.

      Training manuals and additional reference materials are provided to the participants.
      Certification

      Upon successful completion of this course, participants will be issued with a certificate.
      Tailor-Made Course

      We can also do this as tailor-made course to meet organization-wide needs. Contact us to find out more: training@devimpactinstitute.com

      Cost: Kenyan Cost (KES) 80,000 Non Kenyan Cost ($) 950

      Categories: Conferences & Tradeshows | Organizations & Meetups

      This event repeats daily until August 14, 2020:

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.

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