Our non-profit (church) has an odd situation and it unfortunately falls around the time of the required update on May 31, 2023. We currently use Desktop premier for Non-profits 2020 and what I believe is basic payroll because we submit the tax forms ourselves. Our dilemma is that June 14th will be our last day with our current name and EIN number. On that date we are disaffiliating from our current church's denomination and joining a new one which will mean our name changes and we get a new EIN number and a new bank account.
We will have a payroll date May31st so that can still be under our current plan but then we are to have a payroll on June 14th which will still be under our old EIN.
Trying to figure out how to make this transition the easiest. It seems as though from a cost standpoint, our best bet will be to ultimately change to QB online for accounting and payroll.
My questions are:
1) Is there any way to still use the QB 2020 for accounting and one more pay thru June14th or will the payroll simply not even work? I understand it won't get updates, but will it work at all?
2) Also when we switch our name and EIN number will we need to start a whole new account or is there a way to just change the EIN number and name on our current account?
If I am interpreting things correctly it sounds like we will need to end with desktop on May 31st, then start under online QB for 2 weeks under our current EIN, then will we have to start an entire new account under our new EIN number on June 15th?
If you have any ways we could make this easier we would definitely appreciate any suggestions you might have.
Thank you in advance.
