How do I setup quickbooks online for a nonprofit?

I'm happy to see you here in the Community, @kdwight.

When running QuickBooks for non-profit organizations, you can edit some information on your account to better fit your needs.

Let's start with changing, customers to donors. Please take these steps below to accomplish it:

1. Select the Gear icon on the Toolbar, then choose Account and Settings.
2. Hit on Advanced.
3. In Other preferences, tick the Pencil icon.
4. From the Customer label drop-down, choose Donors.
5. Click on Save, then Done.

Once done, let's proceed with updating the income and expenses to revenue and expenditures.

Here's how:

1. Select the Gear icon on the Toolbar, then choose Account and Settings.
2. From the Customer label drop-down, choose Donors.
3. In Company type, select the Pencil icon.
4. From the Tax form drop-down, choose Nonprofit organization (Form 990).
5. Click Save, then choose Done.

Please know that you may need to sign out and sign back into QuickBooks Online to see the changes reflected throughout QuickBooks.

When it comes to the funds tracking, you can check out this article on how to manage your funds and accounts in QBO: Fund Accounting for non-profits

I'm also adding here a link that contains information about how to navigate QuickBooks Online: Help articles

As always, I'm just a few clicks away if there's anything you need, kdwight. Just let me know by leaving a comment below. Have a good night!

We're a 501 c 19 veterans organization. IRS says I need to file a 940 Annual Fed Unemployment return.

It looks like QBO lumps all non-profits into 501 c 3 umbrella.  It appears that I need to make some kind of adjustment to my settings to include this return....

Welcome to the thread, @veterasn3233.

In QuickBooks, once you select 501(c)(3) during the payroll setup process, the service exempts all employees from FUTA. Since for organizations registered as 501(c)(3) with the IRS, all employees are exempt from Federal Unemployment (FUTA). That said, I recommend consulting an Accountant or a Tax professional. They can help and guide you on what to do. 

Moreover, I don’t want to leave you empty-handed, so I’m adding some articles that will help you in managing your account:

• How QuickBooks Populates The 940
• Fund Accounting for non-profits
• Configure an account for a non-profit organization

If there's anything else I can help you with concerning QuickBooks, let me know by commenting below. I'm more than happy to assist. Have a wonderful day ahead!