Advanced Reporting for Reimbursement-Based Grants in QBO (Federal and Otherwise)

Webinar Info

Do you have grants that require detailed reporting by specific line items that are COMPLETELY DIFFERENT than the way your chart of accounts looks? Many of these grants are from governmental entities and most are reimbursement-based.

If you are spending hours struggling to translate your QuickBooks® financials into the unique line items required by your grantor, this webinar is what you’ve been waiting for!

Join Gregg in this first ever advanced session where he will demonstrate how to use the items (product/service in QBO) to create P&Ls by grant that match your grant reporting line items and/or reimbursement grant requests. Gregg will demonstrate how to do this while keeping the profit and loss accounts your board knows and loves intact!

Note: This is an advanced webinar. Come ready to learn – but still have fun!

Learn how to:

• Set up unique line items in QuickBooks® that match your grant line items
• Enter grant revenue and expenses using these unique items and charge them to the grant
• Enter a budget using these same line items (not your accounts)
• Generate reports for your grant that match the line items needed for reporting/reimbursement
• BONUS: Generate Invoice in QuickBooks® for reimbursement-based grants automatically using the billable feature