The nonprofit sector has always been burdened with the task of doing more with less. That means less resources, less capacity, less people power and less money, but they are still doing amazing things for the community and turn to technology to help them make that impact of a larger scale.
One of the trends in the nonprofit sector over the last few years is that more nonprofits are starting to invest in software solutions instead of hardware – specifically because they recognize the need to increase efficiency in order to get a bigger bang for everybody’s buck.
And you better believe that accounting technology is part of that mix.
The QuickBooks for Nonprofits is one of those solutions that makes it easier for an organization to do their work and get back to the impact they care about. But, things look different in the nonprofit world than they would in a traditional for-profit organization, so let’s take a deeper dive into the specific use cases for nonprofits and why QuickBooks Online could be the right solution.
How Nonprofits Use QuickBooks Online
- Nonprofit accounting. As a nonprofit, you might be tracking the expenses of various programs and funds.
- Tracking donations and grants. Donations are a big part of a nonprofit's work.
- Reporting.
- Integrated tools.
- QuickBooks Online is cloud-based.
- Automation
