Are you a not-for-profit organization using Quickbooks for your accounting needs? While the software may seem convenient, it’s important to note that Quickbooks for Nonprofits does not necessarily follow nonprofit fund accounting guidelines. This can pose significant compliance risks for nonprofits that must adhere to strict accounting standards.
In this blog post, we’ll take a closer look at why using the wrong accounting software can be problematic for nonprofits and provide some tips on selecting the right nonprofit fund accounting software for your organization.[Read more…] about Does Quickbooks for Nonprofits Support Fund Accounting?