Hello there, adowds.
I appreciate you checking the recommendations given by my colleague. I'm here to provide additional insights about setting up and running a non-profit organization.
CATEGORY – You can utilize the Chart of Accounts feature to create and track your expense and income accounts. Some accounts are automatically created once you configure your company file as a non-profit organization. In case you need to set up and add other accounts, I recommend reaching out to your accountant for guidance.
Some of the available reports you can run and customize are Account List, Profit and Loss, and Balance Sheet.
SOURCE – To easily track the sources, you can use the Class feature. Once this is turned on, automatically there are designated fields when you create transactions. Make sure to fill-out the necessary field so this will flow on the reports.
The available reports to track classes are Class List, Profit and Loss by Class, Purchase by Class, and Sales by Class.
REGION – Location tracking is used to categorize data from different locations, offices, regions, outlets, or departments of the same company. Same with classes, there will be a field for regions/locations too. Make sure to select the correct information.
You can pull up the Location List, Profit and Loss by Location, Purchase by Location, and Sales by Locations reports to get the needed data.
SERIES – You can set up and use the Project functionality to assign customers to program series.
You can go to the left menu and choose the Project tab. It will show you the list of projects and its status (in progress, completed, or cancelled). It will also visualize the current income and costs.
That should give you additional information, Allan. If there's anything else you need help with, just keep me posted. I'm still here to assist you more. Have a good one.
