A budget helps you plan how much money you expect to earn and spend. It also helps you catch problems early, before they turn into big problems. If you run a nonprofit, a solid budget in QuickBooks Online can show you exactly where you stand each month. Here is how to set one up, step by step. Step 1: Check your fiscal year Before you build a budget, make sure your fiscal year start date is correct. Go to the Gear icon, then Account and Settings. Click Advanced. Look at the F

Running a nonprofit isn’t just about passion and purpose. It’s also about being smart with money. A strong budget helps nonprofits keep their programs running, pay staff on time, and show donors and grant funders that every dollar is being used wisely. Let’s break down how to create a detailed budget without all the confusing accounting jargon. Step 1: Know Your Income First, list out where your money comes from. Common sources for nonprofits include: Donations from individua