4.71 (7 reviews)
☑ How to set up Xero for a Not for Profit Organization
☑ How to use free resources to optimize learning
☑ How to use category tracking to generate Not for Profit reports
☑ How to create and use pledge receipt forms
☑ How to enter and track restricted resources
☑ How to enter month end adjusting entries
☑ How to allocate expenses to programs and administrative categories
☑ How to record net assets released from restriction
☑ How to generate, analyze, memorize, & export to Excel financial reports
Learners will understand how to set up Xero for a Not for Profit Organization.
The course will show how to use free resources to optimize learning.
We will demonstrate the use of category tracking to generate Not for Profit reports.
Learners will see how to create and use donation receipt forms.
We will show how to create and use pledge receipt forms.
The course will demonstrate how to enter and track restricted resources.
We will enter month end adjusting entries.
Learners will see how to allocate expenses to programs and administrative categories.
We will record net assets released from restriction.
The course will show how to generate, analyze, memorize, & export to Excel financial reports.
105 Enter Recording Name
Documents to Download
110 Objectives of Practice Problems
112 Navigating Xero
Turn On Class Tracking Feature and Add Classes
120 Turn on Tracking
Record Donations & Pledges
122 Set up Bank Account
125 Office Space Donated
130 Cash Donation
Enter Pledges & Track Restricted Items
133 Pledge Customize Form
137 Customized Reports
140 Government Grants
142 Custom Restricted Reports
145 Salaries Expense
150 Donor Pledge for Construction Project
Purchase & Donation of Fixed Assets & Recording Expenses
155 Donation & Purchase of Furniture
160 Month End Expenses
Enter Month End Adjusting Entries
165 Adjusting Entries
Allocation of Expenses Using Classes
170 Allocate Expenses to Categories
171 Allocate Expenses to Categories Part 2
Recording Net Assets Released from Restriction & Closing Process
172 Net Assets Released From Restriction
175 Closing Entries
Generating and Analyzing Financial Statements
182 Unassigned Category Formatting
185 Statement of Activities
187 Expenses by Nature & Function
190 Restricted Net Asset Detail Report
192 Statement of Financial Position
Example Problem In Excel
14nn Not-For-Profit Part 1 Transactions
14nn Not-For-Profit Part 2 Expense Allocation
14nn Not-For-Profit Part 3 Closing Entries
14nn Not-For-Profit Part 4 Statement of Financial Position
14nn Not-For-Profit Part 5 Statement of Activities
14nn Not-For-Profit Part 6 Statement of Cash Flows
14nn Not-For-Profit Part 7 Reporting of Expenses by Nature and Function