Chapter 2Extend Your Skills Youve been hired by Arlaine Cervantes to help her with her organizations books She is the founder of Nios del Lago, a nonprofit organization that provides impoverished Guatemalan children with an engaging educational camp experience You just sat down at your desk and opened a large envelope from Arlaine that contains a variety of documents you also have several emails from her Its your job to sort through the papers and emails and make sense of what you find, entering information into QuickBooks as appropriate and answering any other questions in a word processing document saved as CH02 EYS LastnameFirstinitial Remember, youre dealing with random papers dumped out of an envelope and various emails, so part of your challenge is determining the order in which to complete the tasks Forwarded email from Arlaines accountant Set up the Chart of Accounts, use Non Profit as the industry type, and add Grant Revenue as an income account Bank statement from Salem First National Bank dated 05 31 2020 Checking account 21375 01, ending balance $25,462 11 Savings account 21375 20, ending balance $118,203 54 Handwritten sticky note Need to give three volunteers (Bill, Karel, and Chris) access to entering donor revenue How can I make sure they can do this but dont have access to other areas in QuickBooks Scrap of paper that reads Fiscal year JuneMay Scribbled phone message from Arlaines accountant Do not use account numbers when you set up in QuickBooks Sticky note Is there a reminders list to keep me on track Another email from Arlaines accountant Make sure to not have the starting date the day you started the organizationwould be too much information to enter How about 5 31 2020 instead, since its the end of the fiscal year Copy of last years taxes Form 990, Federal EIN 99 9999999 Torn piece of company letterhead

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Chapter 2Extend Your Skills. Youve been hired by Arlaine Cervantes to help her with her organizations books. She is the founder of Nios del Lago,

Chapter 2Extend Your Skills.

Youve been hired by Arlaine Cervantes to help her with her organizations books. She is the founder of Nios del Lago, a nonprofit organization that provides impoverished Guatemalan children with an engaging educational camp experience. You just sat down at your desk and opened a large envelope from Arlaine that contains a variety of documents; you also have several emails from her. Its your job to sort through the papers and emails and make sense of what you find, entering information into QuickBooks as appropriate and answering any other questions in a word-processing document saved as: CH02_EYS_[LastnameFirstinitial]

Remember, youre dealing with random papers dumped out of an envelope and various emails, so part of your challenge is determining the order in which to complete the tasks.

Forwarded email from Arlaines accountant: Set up the Chart of Accounts, use Non-Profit as the industry type, and add Grant Revenue as an income account.
Bank statement from Salem First National Bank dated 05/31/2020. Checking account #21375-01, ending balance $25,462.11. Savings account #21375-20, ending balance $118,203.54.
Handwritten sticky note: Need to give three volunteers (Bill, Karel, and Chris) access to entering donor revenue. How can I make sure they can do this but dont have access to other areas in QuickBooks?
Scrap of paper that reads: Fiscal year JuneMay.
Scribbled phone message from Arlaines accountant: Do not use account numbers when you set up in QuickBooks.
Sticky note: Is there a reminders list to keep me on track???
Another email from Arlaines accountant: Make sure to not have the starting date the day you started the organizationwould be too much information to enter. How about 5/31/2020 instead, since its the end of the fiscal year?
Copy of last years taxes: Form 990, Federal EIN 99-9999999.
Torn piece of company letterhead: