About This Resource

This training was part of our work with the 2025 CFO Affinity Group.

Training Description

Taught by BDO, this training is a deep dive into accounting for contributed revenue (including restricted revenue) and walking through a few key journal entries that are necessary so that QuickBooks can create proper GAAP-format nonprofit financial reports.

Note: even if you are a for-profit using QuickBooks, this training will still be helpful to 1) make sure you are recording grants in the best way and 2) see how to structure your chart of accounts to produce a double-bottom line analysis if that is something you want to do.

Below is the session recording and accompanying materials

About BDO

At BDO, we are providing middle market leaders with insight-driven perspectives and assurance, tax and advisory services, helping companies take business as usual to better than usual. To continue their critical work, nonprofits need to navigate challenges of their own: Budgetary constraints, complex federal funding, compliance, technology, donor stewardship and evolving constituent needs are only some of the hurdles they face. We tailor approaches to help organizations maintain a nonprofit heart and business mindset, so they can improve financial and operational health while expanding their impact.