For small nonprofit organizations, paying for bookkeeping software seems like a large expense. Luckily, any organization with a 501(c)(3) designation can get QuickBooks Online for just $50 per year through TechSoup. Spending $50 per year will save your nonprofit tremendous time and energy down the road, plus it lets you create professional looking reports from QuickBooks to give to funders. If you have more than a few transactions per month, you’ll want to get started with QuickBooks.
Do you have to pay sales tax if you are a nonprofit organization? If you are in Nebraska, you usually have to. Since sales tax regulations vary greatly by state, I can’t address all of the different types, but I’ll give an overview of what Nebraska requires.