My nonprofit client wants to use QuickBooks to track four levels of revenue and expense:
> Category - restricted vs. unrestricted (e.g., this is a GAAP requirement; grant revenue typically comes with expense restrictions; operating revenue typically doesn't)
> Source - by specific source of funds (e.g., by specific grant) vs. fundraising project (e.g., brownie sales)
> State - where applicable, the nonprofit wants to monitor profitability by fundraising event (e.g., how much revenue came from an event held in a particular state vs. the costs of hosting the event)
> Service - where applicable, the nonprofit wants to monitor profitability by type of service provided (e.g., they offer various levels of educational training: pre-K; K; G1)
Is this level of tracking/reporting possible using a combination of QuickBooks (nonprofit?) software's Customers, Jobs, Parent accounts, Classes, etc. features?
Ideally, the nonprofit wants to print/download their aggregate income statement by one or more of those four levels: category, source, state and service.
Thank you, Allan Dowds
