It's functionally identical. There are some terminology differences which some find confusing , Eg, an invoice is called a pledge, a P&L is called a Statement of Activity, yet it shows Gross Profit
Good day, @frank11,
Thanks for visiting us today. I want to make sure you're able to set up a Non-Profit account in Quickbooks.
In addition to Lynda and Malcolm's answer, you have the option to configure your QuickBooks Online account to a Non-profit organization.
There's just a few changes you'll need to do so you can set up your business type. Follow the steps below:
That should get you on the right track, @frank11. I've attached an article for your reference: Configure an account for a non-profit organization.
Should you need further assistance with your account, please let me know. I'll be around to get things done for you. Have a good day!
We have been using Quickbooks online for few years for our non-profit paying the 70 fee each month, director just signed up for techsoup and paid for a year. How do i convert over to this version so we can stop the 70 fee without resetting everything up
Hello there, @HeartnSoul.
You can export your data by manually running the reports or lists you want to export to save the information. However, if you need to export specific reports to Excel, we have an option to do that. Here's how:
For more details, please check export your reports to Excel from QuickBooks Online for your reference.
Once done, you can cancel the subscription by going to the Account and Settings. From there, you'll have the option to cancel your subscription.
Also, changing from nonprofit to the taxable business, you can follow the steps provided above.
Get back to me if there's anything you need assistance with. I'm a few clicks away to help. Have a good day!