Accounting software can also prevent costly bookkeeping mistakes and can also work in tandem with payroll software. If you need guidance, live chat and Sage Business’s customer support team is available on weekdays during business hours. Offer options for your people to give through new ways, like your website and text messaging, to increase gifts and donations.

Its mobile app lets you collaborate on the go, and it integrates with hundreds of third-party apps. Unfortunately, ACCOUNTS was designed for Microsoft Windows and the desktop version is only available for that operating system. However, there is a cloud-based, browser version called OnDemand that works on most platforms including Mac. Under the standard bookkeeping for nonprofits version, only one user can do data entry at a time. If you upgrade to the local network version—which costs $220 for the first year—up to five users can access the database at once. While there are cheaper versions of QuickBooks available for nonprofit organizations, we selected QuickBooks Enterprise Nonprofit because of its robustness.

Make it easier to receive donations

Watching out for the scalability of your chosen solution is even more critical if you’re a small to medium nonprofit organization aiming for growth. However, comparing the several available nonprofit software on the market consumes time and energy, and sometimes even money. Healthcare organizations, religious ministries, educational institutions, and NGOs benefit from Sage Intacct’s flexible bookkeeping services.

This is most apparent at smaller, volunteer-run nonprofits that “do the books” manually or with Excel spreadsheets. Cloud-based nonprofit accounting software solutions are far more user-friendly than their previous counterparts, enabling users to tap into easy-to-use web-based interfaces to carry out their accounting work. Our expert nonprofit bookkeepers are available to enter and categorize income and expense transactions, prepare monthly statements and tax documents, and much more. We’re here to provide world-class financial and community management tools and services so you can focus on your people and your mission—not your paperwork. Nonprofit accounting software can ease donor management by tracking electronic donations and even processing payment gateways for donations. Some donor management tools even allow you to create donation pages and accept online payments.

Quickbooks Online

Donation details can be converted into ledger entries and reports for your bookkeeper or accountant, and you can craft summarized annual giving reports. Financial Edge NXT provides beautiful, easy to read, and visual reports. Amplify the value of Financial Edge NXT with vetted, effective apps in the always-growing Blackbaud Marketplace, or create your own integrations and automations. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

• Manufacturing companies collect data from an immense number of sources.
• You want to be able to track donations and be confident that the information you report on your taxes is accurate.
• This insights and his love for researching SaaS products enables him to provide in-depth, fact-based software reviews to enable software buyers make better decisions.
• Zoho Books’s thorough reporting features include expense reports that simplify transparency and fund tracking.
• The platform combines the power of four interconnected modules in one — Invoice-to-Cash, Payment Plans, Subscription Billing, and Customer Portal — so accounting workflow becomes easy and seamless.
• Financial Edge NXT streamlined our monthly reconciliation and drastically improved our reporting time and depth.

The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Blueprint. Blueprint does not include all companies, products or offers that may be available to you within the market. Financial management software allows you easy cash management with your organization’s cash flow and budget. Using the details you recorded about your nonprofit’s transactions, create a broad overview of your financial position and develop a plan to get your revenue where it’s supposed to be. To do this, you’ll need to set reasonable expectations for your income, expenses, and financial goals.

Accounting for Nonprofit Board Members 2023

The same is true of ZipBooks and other free accounting software options. Didn’t find the best accounting software for nonprofits (specifically, your nonprofit) on our list above? See if one of these additional accounting software solutions for nonprofit treasurers and bookkeepers meets your needs. Unfortunately, while Aplos’s nonprofit features stand out, its accounting features are more limited. Only the customized plan includes in-depth income and expense tracking, budgeting by project or fund, asset tracking, and recurring transactions. Zoho Books’s thorough reporting features include expense reports that simplify transparency and fund tracking.

• This profers you with a broad view of your financial status without missing a single cent.
• Most professional accountants and bookkeepers — and many business owners — are familiar with QuickBooks products.
• Connect your bank and get instant updates for expense tracking and cash flow.
• While most for-profit businesses can use general accounting software, a nonprofit organization needs something more specific to meet its unique needs.

This can be an important tool in a nonprofit organization that has a lot of volunteers, such as those that provide disaster relief. These financial statements can provide helpful insight into your nonprofit’s financial health so that you can adjust accordingly and plan your next moves. The list of products below is based purely on https://www.bookstime.com/ reviews and profile completeness. There is no paid placement and analyst opinions do not influence their rankings. We are committed to ensuring information on our site is reliable, useful, and worthy of your trust. Financial Edge NXT streamlined our monthly reconciliation and drastically improved our reporting time and depth.

How to Choose the Right Accounting Software for My Nonprofit Organization

Alana is the deputy editor for USA Today Blueprint’s small business team. She has served as a technology and marketing SME for countless businesses, from startups to leading tech firms — including Adobe and Workfusion. She has zealously shared her expertise with small businesses — including via Forbes Advisor and Fit Small Business — to help them compete for market share.

• Any organization that is incorporating more technology into its processes or striving to make full use of data analysis can benefit from enhancing its transformation with AI plus automation.
• It provides users with tools specific to nonprofits to help organizations manage their finances better.
• We receive compensation from the companies that advertise on Blueprint which may impact how and where products appear on this site.
• Many or all of the products featured here are from our partners who compensate us.
• Payroll services start at $20 per month and bookkeeping support starts at $149 per month.
• What makes this document management tool unique is that it has a highly configurable interface that allows users to use it for accounts payable processes.
• These tools, which are also referred to as fund accounting software, are tailored for nonprofits, while conventional accounting systems can be configured to serve the needs of nonprofits.

Should you need to extend the functionalities of the platform, it comes with API capabilities and has native integrations with a number of third-party business systems. Yooz is all about providing nonprofit organizations a state-of-the-art accounting solution to handle the complexity of grants and donations from the campaign activities generating them. A powerful AI Deep Learning algorithm churns any number of data generated by these campaigns quietly while a user-friendly interface ensures that users are not intimidated by the platform. If you are a growing nonprofit looking to streamline your accounts payable process, AvidXchange can be an excellent solution. It is a cloud-based software with modern automation features such as OCR technology that can reduce manual data entry and human error.

Have reports created and emailed automatically, from a statement of financial position, statement of financial activities, budget versus actual, and more. Founded in 1932, the HSCPA promotes the highest standards of integrity & competence within the accounting profession. We estimate that this could save 70%-80% of physicians’ time, helping to address staffing challenges, combat burnout, and contribute to improved patient outcomes. All of this represents a massive productivity increase amid the chronic shortage of doctors and nurses. This is roughly two hours for every hour spent on direct patient care.

The gathering and prepping of all relevant data from various sources can be automated. Then, generative AI can be used to analyze the pre-processed data, uncover patterns and correlations, and generate summary reports to expedite analysis efforts. It can also compare and analyze competitive information on pricing, campaigns and customer reviews as well as generate competitive analysis.

Better tools for the greater good

QuickBooks does a lot of the work automatically, saving you and your volunteers precious time. Connect your bank account and QuickBooks will learn to categorize expenses for you. Set reports to be automatically created and emailed to board or committee members on any schedule you’d like. Advanced InventoryIncluded in the Platinum and Diamond subscriptions only.