best free bookkeeping software for small nonprofit

In addition, Zoho Books integrates with several other business applications, making it a good choice for businesses that use multiple software programs. While you have to get in touch with customer support for pricing, many customers have said they’ve paid more than $600 per month for full access to the entire accounting suite of features. This free accounting software by Responsive Software runs on Windows systems. This shareware program nonprofit bookkeeping services is a double-entry ledger system that can be scaled upward as your organization grows. One of the benefits for non-profit organizations is that you can also calculate account balances when you want rather than only on a quarterly or yearly calendar. BS1 software works for small businesses and allows you to establish your files in different currency formats, which would allow you to manage international billing or purchasing.

Best of all, some of the listed products have special pricing for nonprofits.
The most comprehensive QuickBooks Online plan is the Plus plan, which costs $40 per month and includes features such as inventory management and project tracking.
Looking for an alternative online tax preparation software product from a respected brick-and-mortar tax service?
Put simply, whatever support format is easiest for your church is available with Realm.
Overall, Xero is a good option for small nonprofits that are looking for an easy-to-use accounting software program with a variety of features.
Or maybe you’re a growing nonprofit organization that deals with hundreds of donors and volunteers and needs a solution that will improve its efficiency.

It integrates with Raiser’s Edge, a program of choice for donor and constituent management, and allows you to track expenses and budget across fiscal years. 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. 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. For smaller nonprofits or nonprofits who are just starting out, you probably don’t need software with as many features as QuickBooks Enterprise Nonprofit.

You’re All Set

The system is highly intuitive that you do not need to possess accounting experience to use it. It is easy to navigate as well with its simple but visually appealing dashboard, from which all needed accounting tools can be accessed. Large nonprofit organizations will be happy to hear the software offers grant accounting features. For instance, you’ll be able to track your grants by type, status, amount, and start/end dates with built-in fields and store grant-related information in one place. If you’re interested in using payroll software, you can start a free 30-day trial when you sign up for Wave. The platform is easy to use, even for novice accountants or treasurers, but you can seek personalized coaching from a Wave Advisor if necessary.

If you’re concerned about getting board approval of your decision, QuickBooks may be the right choice, as it will likely be familiar to the staff and board.
However, there are a few key features to look for when choosing nonprofit bookkeeping software.
Among the online tools nonprofit groups can utilize Paychex’s fully automated payroll processing, which can be accomplished in a couple of clicks.
Some tax software companies support a wide range of tax forms in their free version, while others require users to upgrade and pay extra fees to file extra tax forms.

The TaxHawk tax software, however, is a bare-bones service that doesn’t include W-2 or 1099 imports. Being unable to import tax form PDFs for spreadsheets with investment data could create issues for users with complex tax returns. Cash App Taxes’ mobile software features a user-friendly navigation tool that guides users through the tax preparation process.

Do you need unlimited users?

There are numerous nonprofit accounting and budgeting software programs available that can assist your organization with anything from cutting checks to preparing financial reports. Try out various programs until you find the one that works the best for your organization’s financial management needs. Nonprofit accounting software is a type of nonprofit software that handles the specific financial transaction needs found within the nonprofit industry. Its Advanced Accounting plan has budgeting by fund, fixed asset tracking, income and expense allocation and project-specific reporting for $189 per month. Organization s that support and manage multiple entities should contact Aplos to discuss its Enterprise plan, which is tailored to each customer. Zoho Books is a cloud-based accounting software that is designed for businesses and nonprofits of all sizes.

MoneyMinder comes with additional features that let you create an online store and access payments online, although these services come with additional fees.
Depending on your nonprofit organization, some of these may be more of a priority than others.
This software shines for medium-sized organizations, packed with features like donor and event management, CRM, and a website builder tailored for online fundraising.
When bundled with FastFund Accounting, FastFund Fundraising is available for as little as $20 per month, or $42 per month as a standalone product.

It offers a variety of features that can help nonprofits track their finances, manage their donors, and create reports. When considering accounting software for nonprofits, be sure to look for features such as income and expense tracking, donor management, and accounting reports. The free version of ZipBooks can be helpful for nonprofits looking for a software application to handle basic accounting functions. Program features include unlimited invoicing, digital payment processing via Paypal or Square, basic reports, and management of vendors and customers (such as members or donors). NetSuite, which was purchased by Oracle a few years ago, offers a wide range of accounting, CRM, and ERP (enterprise resource planning) solutions for dozens of industries—including nonprofits.

Wave: Best for usability

Tools include those for accepting donations, tracking time, project management, and team collaboration among others. Moreover, it has robust reporting features to give a 360-degree view of the financial situation. The system can monitor expenses, allowing nonprofits to present accurate reports to their sponsors. MoneyMinder is an online accounting solution for nonprofit organizations that allows users to manage their finances, reconcile bank accounts, and track volunteer activities.

These include meeting agendas, audit findings, check letters, and internal revenue service (IRS) documentation for nonprofits.
It offers a full suite of accounting and financial management features, including fund accounting, grant management, and budgeting.
You can contact the support team via phone, chat, or email if you hit a rough patch.
To process a transaction via credit card, you must pay a fee of at least 2.9% plus $0.60 per transaction.
If anything, accounting software is even more important for a small team that is handling many different functions with limited capacity.
That software typically includes features such as fund accounting charts, fund accounting reports, and fund accounting templates.

Mission time can likewise be tracked using the app’s time tracker and projects added to the system with time spent on them tracked individually. To customize QuickBooks Online to fit your nonprofit’s accounting processes, you will need to configure your account to treat customers as donors. Another thing that you need to tweak is your income and revenue, which can be altered to reflect revenue and expenditures.

Blackbaud Financial Edge NXT: Best Nonprofit ERP Software

When it comes to accounting software for nonprofits, there are a few key features to look for. Luckily, there are several different accounting programs designed specifically for nonprofits. This type of software typically includes features such as accounting, budgeting, and financial reporting. For example, if the nonprofit plans to use the software for financial statements and tracking donations, then QuickBooks Premier Nonprofit would be a good choice. In addition, the software includes several reports that can be helpful for nonprofits, such as a ‘990 Report’ that provides an overview of an organization’s financial activity and financial statements. Based on these criteria, the four best accounting software for nonprofits are Zoho books, QuickBooks Online, Netsuite, and Patriot.

If your nonprofit’s accounting needs are basic, the discounts available through TechSoup can offset much of the cost. If, however, you need more than what’s available through TechSoup, you could easily spend much more for QuickBooks than for other nonprofit accounting software. ZipBooks has all of the features you need in a nonprofit accounting solution without forcing you to spend precious donor money on an expensive accounting solution. All nonprofits generally face problems when it comes to recording expenses. Luckily, Bill.com automatically records cash inflow and outflow and syncs all data from other business systems you leverage for transactions. It also comes with ePayment processing tools that make it easy to facilitate transactions as securely as possible.

Financial Edge is a product released by Blackbaud, a leading software company that caters to nonprofit organizations, educational institutions, and healthcare facilities. ACCOUNTS through Software4Nonprofits is a program offered by Cooperstock Software, a small company based in Canada. The company was founded by the treasurer of a religious finance committee because he had difficulties finding software that met his needs. He created ACCOUNTS as an alternative to the more expensive and complex accounting programs available at the time. For organizations set on sticking with QuickBooks Online, Intuit has been recommending QuickBooks Online as the accounting system to have for nonprofits.