QBO GROUP GRANT

QuickBooks Management

For less than the price of QuickBooks Advanced, have all your bookkeeping done for you!*

Bookkeeping is one of the most essential activities for an organization. Yet it can be difficult to make time to properly take care of finances, and it’s usually expensive to have someone do it for you. QBO Group specializes in bookkeeping for nonprofits. Their grant helps organizations take care of their finances properly, for less than the price of QuickBooks Advanced.*

QBO Group’s grant provides an entire year of bookkeeping services for the price that most companies charge per month. It is an annual subscription.

There are three options for the QBO Group Grant: small, medium, and large nonprofits.

Small Nonprofits

Fewer than 1 bookkeeping entry per week.

  • QuickBooks Online Cloud-Based Accounting System
  • Bookkeeping Services
  • Chart of Accounts Setup or Review
  • Account Reconciliations
  • Monthly Financial Statements
  • End of Year Donation Receipt Letters (Year-End Tax Statements) via Email
  • Audit Prep
  • Revenue Data Entry & Allocations
  • Expense Data Entry & Allocations
Grant Worth: $24,000 ($1,200 Per Month)
Admin Fee: $7,000 (71% Discount)
Sale: $800 (Per Year)

Medium Nonprofits

More than 1 bookkeeping entry per week.

  • QuickBooks Online Cloud-Based Accounting System
  • Bookkeeping Services
  • Chart of Accounts Setup or Review
  • Account Reconciliations
  • Monthly Financial Statements
  • End of Year Donation Receipt Letters (Year-End Tax Statements) via Email
  • Audit Prep
  • Revenue Data Entry & Allocations
  • Expense Data Entry & Allocations
Grant Worth: $42,000 ($3,500 Per Month)
Admin Fee: $12,000 (71% Discount)
Sale: $1,200 (Per Year)

Large Nonprofits

Millions of dollars of gross receipts per year.

  • QuickBooks Online Cloud-Based Accounting System
  • Bookkeeping Services
  • Chart of Accounts Setup or Review
  • Account Reconciliations
  • Monthly Financial Statements
  • End of Year Donation Receipt Letters (Year-End Tax Statements) via Email
  • Audit Prep
  • Revenue Data Entry & Allocations
  • Expense Data Entry & Allocations
Grant Worth: Variable
Admin Fee: Variable
Contact us and ask about a custom plan for your organization.

Are you a church? Ask about our special discount for churches.
*Depending on the size and need of your organization. In our experience, small sized nonprofits typically qualify.

IN-KIND CONTRIBUTIONS

We encourage nonprofits to track non-cash contributions (in-kind contributions, in-kind donations, in-kind grants and in-kind gifts) in QuickBooks Online (QBO)!

Does your nonprofit receive in-kind contributions of services such as advertising, marketing, social media management, web design, website hosting, graphic design, nonprofit administration, bookkeeping, professional services, rent, transportation, event tickets, and/or any other services? What about goods? Products such as food, clothing, toys, household items, computers, furniture, auction items, cars, and more?

IRS COMPLIANCE

In-kind contributions are essential support from donors and are REQUIRED by the Internal Revenue Service (IRS) to be booked by nonprofits. Every year, nonprofits must answer this question, "Did the organization receive more than $25,000 in non-cash contributions? If 'Yes,' complete Schedule M" (IRS Form 990, Part IV Checklist of Required Schedules, Question 29).

If your current practices and procedures violate the IRS Code and State and Federal Laws, we do not feel comfortable assisting your nonprofit without bringing these issues forward. Also, non-compliance will hinder your organization from obtaining grants.

IN-KIND GRANTS

More than that, in-kind grants can frequently count towards meeting the matching requirements of traditional grants and when booked more accurately reflect the true cost of running your nonprofit. Figuring out what can be booked, how to value them, and how to enter in-kind contributions into QuickBooks can be challenging.

If your nonprofit receives in-kind contributions of either goods or services, then QBO Group can help you with QuickBooks management.

MANAGEMENT

  • Connect your nonprofit's banks, credit cards, PayPal, etc.
  • Enter in-kind contributions
  • Enter pledges (promises to give)
  • Create invoices and bills
  • Track budgets
  • Monitor expenses by specific programs
  • Track budgets and actual expenses

REPORTING

  • Profit and Loss statements (P&L reports)
  • Balance Sheet statements
  • Budgets vs. Actuals
  • Contributions by individual donors
  • In-kind contributions by specific programs
  • And many more reports

    APPLY FOR GRANTS

    Disclaimer: By filling out this form you allow Grants Group to apply for grants on your behalf. We will not sell your information to any third parties. Applying for grants doesn’t guarantee your organization will receive them.