NONPROFIT ACCOUNTING: ASK ME ANYTHING

[@laurencearty8908]

I work for a non profit that manages 3 low income housing properties. How do I set up QBO so I can have financials stmt that are separated by properties.

[@meghakamra3855]

Hi, I have 2 questions- 1)Payroll- We r US based company and pay x amount to an organization in Costa Rica…who receive and pay stuff on our behalf in Cost Rica. payroll has a Tax component-to it, should we book the entire amount or book different components in quick books.Would like to know what is the best practice as the other organization shows the bulk amount for payroll tax in their report. 2) same organization in Costa Rica further invest our amount and receive interest income on that amount, how should we record that amount in quick books.

[@kencollins2304]

How do you enter a cash deposit into QBO from a nonprofit founder

[@kencollins2304]

I'm curious if it's logged as an Equity account