Nonprofits that need in-depth reports on different projects and the ability to compare actual reports against alternative scenarios for planning purposes should consider Xero’s accounting software. It should also offer nonprofit-specific accounting functionality, such as the ability to receive donations, manage restricted funds and file Form 990. The first plan is completely free and doesn’t require a credit card. However, this plan is limited to budgets, calendar tools, and membership tracking. If you want to have access to all available features, you’ll need to upgrade to the MoneyMinder Pro plan which is priced at a very affordable $159/year. These two add-ons are completely free, making Zoho Books a very affordable option for small nonprofits and startup nonprofits that need strong accounting but don’t yet require extra features.

The Aplos Suite costs $59/month, or you can purchase the software plus Text to Give for $79/month. The Aplos Suite plus Advanced Accounting starts at $159/month. A 15-day free trial is available, and new customers are eligible for discounts when signing up. You can also talk to Aplos about a personalized accounting solution with add-ons including payroll, advanced events, prepaid cards, and bookkeeping services. Read on to find the best accounting software for nonprofits, so you can start spending less time managing the books and more time making a difference. Not only do these organizations require specialized features, but they are also under special scrutiny from contributors and governmental agencies.

If you want https://bookkeeping-reviews.com/ to more features and users, you will have to upgrade to a paid plan. Paid plans range from $20/month to $70/month, although you can get a discount by paying annually. Both the Donor Management and Volunteer Portal add-ons are completely free and can be found in the Zoho Books Marketplace. Monitor the flow of cash in and out of your nonprofit with a handy dashboard. Stay on top of expenses and plan ahead with the cash summary report.

Aplos: Best Fund Accounting Software For Small Nonprofits

If you’re looking for a personalized convert from xero to qbo has anyone done this accounting solution with plenty of features and excellent reporting, Intacct is worth looking into. Make managing your church a breeze with Breeze Church Management Software. Breeze was designed specifically to be a functioning, affordable church management software option for small to medium-sized churches.

All feedback, positive or negative, helps us to improve the way we help small businesses. As always, we wish you the best of luck in your search for the perfect software. Let us know which software you decide on in the comments below, even if it’s one we didn’t mention, and feel free to reach out with any questions you have along the way. If you require something beyond these offerings, you can purchase a custom add-on as well. It’s a love connection with Xero and I’ve been telling other people about it because it’s so easy to use.

Its free accounting tools offer income and expense tracking, reports and a reporting dashboard. Finally, its banking tools allow you to automate bookkeeping, receive instant payments and deposit checks via a mobile app. Sparkrock is a great nonprofit accounting software for charter schools because it is one of the only programs to offer K-12 board management. However, it isn’t the only option available, and charter schools may find that a program like Sage Intaact or Sumac works best for their organizations. The best nonprofit accounting software is based on the needs of your organization.

Araize: Best All-In-One Fundraising, Payroll & Accounting Solution

Its Core plan is $69.50 per month and adds budgeting, accounts payable and receivable, recurring transactions and pledge tracking. Finally, its third-tier plan has budgeting by fund, fixed asset tracking, income and expense allocation and project-specific reporting. In addition to strong accounting, QuickBooks Online also offers features specific to nonprofit organizations .

The best nonprofit accounting software offers features such as event planning, detailed contact management, and donor management. QuickBooks gives nonprofits the ability to perform basic nonprofit accounting functions. You can also automate accounting tasks for added efficiency.

Is QuickBooks good for nonprofits?

Even if you have no prior accounting or bookkeeping software experience, MoneyMinder is easy to learn. It’s a great option for treasurers overseeing volunteer-run nonprofit organizations, providing a simple and straightforward way to track payments, create budgets, and run annual reports. According to Blackbaud, its software is ideal for mid-sized nonprofits that have a decent-sized staff and handle $1,000,000+ in revenue each year . As one of the leading names in nonprofit accounting, Blackbaud delivers great features. The question of pricing is still a huge factor for many nonprofits, but the features are worth a look at the very least.

While complex, Fund EZ uses intuitive organization and design, so you can learn the software faster. Since Fund EZ has a Medicaid billing solution, the software is subject to HIPAA laws, meaning it has some of the strongest security and user permissions out there. Sumac also integrates seamlessly with QuickBooks Desktop and QuickBooks Online. If you’re using one of these programs, Sumac can give you access to the nonprofit-specific features that QuickBooks lacks.

Narrow down your list of considered software to the ones you can afford. Mid-sized nonprofits needing to better control their cash flow should consider QuickBooks. Sparkrock is the only software on the list to offer this feature.

Its $37 and $70 plans add bulk transaction reconciliation, higher bill pay limits, project tracking and analytics. While it may be possible to find free nonprofit accounting software, the features of these programs are often limited. For example, MoneyMinder offers a free plan, but this plan only includes budgeting, calendars, and membership tracking.

Allow you to share critical donation and expense information online with donors, board members, volunteers and other collaborators. Keela’s intuitive reporting, Xero lets you create, customise and monitor your accounting reports so you can stay on top of your not-for-profit finances. Non-profits can apply for various grants and other forms of finance, from the public and private sectors. Non-profits tend to get most of their income from donations, membership fees, fundraising events, grants from the public or private sector and perhaps investment income.

You can also connect a bank account and FreshBooks will generate spending reports. Finally, you can categorize spending within the software. Knowing which features you need and what problems you need these features to solve can help point you in the right direction. Maybe you mostly need accounting software but want a few nonprofit tools thrown in.

If so, try Xero or QuickBooks Online Perhaps you want something specific to your industry, such as Breeze. Or maybe you’re ready for a full-fledged fund accounting ERP, such as FundEZ or Nonprofit+. We know that Sparkrock is not going to be for everyone, but for the nonprofit organization looking for K12 board management and HR support, Sparkrock may be a good option. Granted, the software is very expensive and might not be the best software for nonprofits on a budget, but with larger organizations, this may be less of a concern.

This is one of the only programs I feel truly ensures that nonprofits have accurate accounts and are meeting all federal nonprofit regulations. While these comprehensive features are a huge plus, they come at a steep price, making the software an unrealistic solution for smaller nonprofits or nonprofits on a strict budget. The software is also not ideal for nonprofits that require payroll. Sumac is a locally-installed nonprofit accounting solution founded on the phrase “do more good.” The software offers everything from CRM to pledges to course registration and more.

Blackbaud also offers a separate nonprofit fundraising and member management software called Raiser’s Edge NXT. Contact Blackbaud to learn more about its products and pricing. First founded in 1981, Blackbaud has had a long time to secure its name and reputation in the nonprofit accounting world. The company offers dozens of different products designed for various organizations and nonprofits. Since Breeze isn’t traditional accounting software, it lacks features such as expense tracking or payroll. However, Breeze does integrate with QuickBooks and Freshbooks.

• The Aplos Suite costs $59/month, or you can purchase the software plus Text to Give for $79/month.
• The best nonprofit accounting software is based on the needs of your organization.
• The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
• It has a solid reputation in the nonprofit world and for good reason.
• It features a modern, intuitive UI and built-in help options to help you navigate the software.

With Keela’s Xero integration, you can trade-in your messy spreadsheets for a few easy clicks and keep track of all essential not-for-profit data. You can spend less time on administrative tasks and focus on what truly matters. You can also create, customise, share and export your accounting reports.