Which Quickbooks for your Township, Village, or other local government unit?

We get this question a lot. There are lots of versions of Quickbooks and many small forms of governments (townships, villages, libraries, park districts, fire protection districts, etc.) are looking for something affordable to help them do their job.

Desktop or Online?

Quickbooks Desktop (Pro or Premier) and Quickbooks Online (Plus) versions will both work great, but there are some things to think about when deciding.

Using Quickbooks Desktop for your government

Quickbooks Desktop is usually the more affordable option, however, there are some drawbacks. It has to be installed on a computer and is typically only accessible from that computer. There are ways to share your Quickbooks file between computers (such as the computer at your government’s office and your home computer), but that will be an additional cost.

When using Quickbooks Desktop, we recommend setting up a separate company file for each fund. Keeping all funds in ONE company file is an almost surefire way to make a giant mess. Trust us. We’ve cleaned up a LOT of those messes.

Using Quickbooks Online for your government

Quickbooks Online is a bit more expensive than the Desktop version, but for good reason. Quickbooks Online is cloud-based, which means you can access it from any computer or mobile device with an internet connection. You just go to qbo.intuit.com and log in. No installation is necessary.

Quickbooks Online can connect to hundreds of other apps which allows for greater automation and expands the capabilities of the software.

In our opinion, the automatic reports in Quickbooks Online are far superior to those in Quickbooks Desktop. We can set up automatic recurring reports to send automatically to anyone we need (office/dept managers, accountants, elected officials, etc). This works great for keeping everyone in the loop and reduces the amount of time we spend running reports prior to a board meeting.

Because of how the app ecosystem works, we recommend using only ONE company file in Quickbooks Online. We set up a “location” (NOT A CLASS) in Quickbooks Online for each fund. However, this isn’t as foolproof as having separate company files (like we recommend for Quickbooks Desktop). There are a few tips, tricks, and best practices to ensure your funds don’t get mixed up.

If you’re considering switching to (or implementing) Quickbooks for your government unit, give us a call. We can help get you started on the right path.

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When was the last time you reconciled?

Bank & credit card statements should be reconciled every month to help catch duplicated or missing transactions.  Can’t remember when you last reconciled your bank statements? Watch the video below to find a quick list of when all your accounts were reconciled last.

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Not Another Password!

Admit it. You have at least one post-it on your desk with a password written on it. Or a paper in your top drawer. Or under your keyboard. And you use the same password for almost everything (GASP!)

STOP. IT.

There is an easy way to manage all your passwords.

You need to use a password manager. I finally implemented one a few years ago and it has saved me more time and headache than I could ever imagine.

Believe me, I understand the password overwhelm. Besides the passwords I have for my personal logins, I have business logins, client logins, bank account numbers, ID numbers, security questions to remember…..there are HUNDREDS. There’s no way I could keep that all straight.

So what is a password manager? It’s a website (or app) where you log in with one password, usually called your Master Password. Once you’re in, you can store ALL your other passwords there. Of course, you’ll want to make that Master Password a REALLY strong password that you can remember and enable third-party authentication, which will verify your identity by either a text or mobile app on your phone.

There are many password managers to choose from and some even offer a free plan.

What I love most about using a password manager:

  • I only have to remember ONE password. Ever.
  • It creates complex, secure passwords when I need to create/update a password
  • It reminds me to update passwords that I haven’t changed for a while
  • It notifies me if I’ve used a password for more than one login – which I admit, I was guilty of before implementing my password manager.
  • I no longer have to remember my client’s childhood dog’s name, or their father’s middle name. It holds the answers to all those security questions you have to remember.
  • The mobile app allows me anywhere access to my passwords.
  • Installing the Chrome extension in my browser gives me one-click fill-in capabilities.
  • Secure password sharing with family, employees/contractors, supervisors, or colleagues.

What are you waiting for? I already told you there are FREE plans available. Find one you like and TRY it. You can thank me later. 😉

 

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