The system likewise helps in processing payments, invoicing, and payroll to help you maintain healthy relationships with both your sponsors and employees. And because it harnesses the power of the cloud, you can access your accounting information even from the field.
Xero integrates seamlessly with many business apps so that you get to enjoy additional functionalities in a single solution. But the best part is that the vendor offers a considerable discount to nonprofits, perfect for organizations that lack cash flow.
Created to help businesses automate their entire financial processes, Invoiced can be an equally effective tool for non-profits for managing funds and automating other accounting tasks. This cloud-based accounts receivable software supports multiple currencies so that receiving donations from overseas is not a problem. 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.
The platform also allows you to create sign-up pages to make it easy for your prospective donors to choose the subscription plan that they prefer.
Invoiced has Basic and Advanced paid plans to fit the different needs of non-profits. Should you need to meet more volume, enterprise plans are available by quote. Quickbooks Enterprise is a robust platform targeted at growing organizations. This powerful system allows users to integrate everyday tasks like payables, payroll processing, and inventory tracking directly into their accounting process sans ERP implementation. It offers companies tailored solutions that can make most of their accounting processes much simpler and faster.
The platform is loaded with enterprise-grade features that are bound to benefit any business or organization. It gets rid of manual data entry in just about any area of your business, including accounting, inventory, and sales. You also get to enjoy compliance with industry reporting standards, along with insights that can greatly help you make data-driven decisions.
The tools that accompany the system are highly suited to different industries as the vendor can scale the system to meet any requirement. What makes Quickbooks Enterprise special is its ability to cater to the needs of nonprofits. The system generates receipts for donations, along with pledges that an organization receives.
Its robust reporting features enable the solution to generate reports reflecting your biggest donors and grants and donor contributions. Expenses can be tracked with ease, helping you provide your donors, board, and even the IRS with key figures. Invoice Meister is a feature-rich accounting solution that allows both businesses and nonprofits to manage revenues and expenses so that your accounts are properly organized. If you are running a nonprofit or working for one, the tool is bound to suit you.
It is easy to set up as the system is very intuitive. You can use the system to automatically generate recurring invoices using predefined templates, saving you both time and effort in the process.
It also has powerful reporting features, allowing for efficient expense tracking and detailed financial reports. Donations can likewise be tracked with the system automatically sending out notifications about unpaid or recurring invoices.
Security is topnotch, with the vendor performing automatic backups and employing bank-level protocols. The vendor offers prospective customers a variety of discounts. It lets you link your bank with over banks and credit cards, simplifying your expense tracking requirements.
MYOB Essentials allows your employees to manually input their work hours into the system. For accountants, MYOB Essentials offers a number of sophisticated accounting features like common ledger, intelligenet chart mapping, financial data acquisition, and compliant reporting. BigTime is an end-to-end time and billing solution created for businesses and professionals. It serves as a unified hub where users can track billable hours, keep tabs on expenses, as well as generate reports to gain insights into their finances.
With this, you gain access to mobile timesheets, real-time finance tracking, as well as DCAA-compliant timekeeping, making it ideal for government contractors. Moreover, with its advanced billing and invoicing module, you can customize templates according to your preferences so you can include details necessary for your operations such as tax rates, remittance information, and more.
This allows you to manage projects in line with your finances and make it easier to calculate project costs. Plus, with its resource allocation function, you can have a clear view of your staff capacity and make sure that no one is being overworked or underworked.
In addition to the abovementioned features, BigTime can also integrate with third-party applications such as Quickbooks, Salesforce, Slack, Google Apps, and Zapier. BigTime offers three different subscription plans priced depending on the number of users, the feature set, as well as the types of customer support you require.
And there you have it, our 20 best accounting software for nonprofits. By this time, you should be able to find the right accounting platform for your nonprofit. It is highly recommended that you start with Freshbooks first. This accounting solution has the necessary financial tools to assist you in managing your expenses. Plus, it has features that are specific to nonprofit organizations, making it easy for you to generate the documents you need for end-of-fiscal year reporting or compliance.
Once you have checked Freshbooks, you can move down the list, which includes simple accounting tools, platforms that enhance your accounting process, or solutions that strengthen the security of your financial documents and workflows.
Best of all, some of the listed products have special pricing for nonprofits. Meanwhile, others have affordable subscription plans, and some are entirely free or freemium.
However, if you wish to broaden your search, you can read our article on the best free accounting solutions. While they may not have specific tools for nonprofit organizations, they still have the necessary features to help you keep your finances in check.
But accounting is not all there is to keep your organization afloat. You also need to continue receiving donations from your patrons and other supporters.
You can do online fundraisers using online giving platforms to augment your income and ensure you can continue helping your constituents. His main areas of expertise are blockchain technologies, cryptocurrencies, and the use of biometrics in fintech solutions.
With more than 1, solutions scrutinized in the last 5 years spent on our team he always prioritized offering readers an unbiased perspective on modern financial technologies. Top Accounting Software of FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions.
We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. What are the 20 best accounting software for nonprofits? Detailed FreshBooks Review. NetSuite ERP. QuickBooks Online. Try out QuickBooks Online with their free trial. Detailed QuickBooks Online Review. Sage Business Cloud Accounting. Try out Sage Business Cloud Accounting with their free trial. Try out AvidXchange with their free trial.
Detailed AvidXchange Review. Try out Rossum with their free trial. Detailed Rossum Review. Detailed Bill. Try out Yooz with their free trial. Detailed Yooz Review. Try out DocuPhase with their free trial. Detailed DocuPhase Review. Zoho Books. Try out Zoho Books with their free trial. Detailed Zoho Books Review. Detailed SignRequest Review.
Zoho Expense. Try out Zoho Expense with their free trial. Detailed Zoho Expense Review. Zoho Invoice. Try out Zoho Invoice with their free trial. QuickBooks Online enables users to download and reconcile credit card transactions that allows businesses to organize weekly timesheets and track bank deposits.
What is Quickbooks Online? Quickbooks Online i QuickBooks Online Advanced is a cloud-based accounting solution that helps small to large enterprises manage expenses, projects, invoices and more. It comes with a centralized dashboard, which enables users to gain insights into b Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational insight Workday Adaptive Planning, founded in , provides a web-based system for budgeting, forecasting and reporting.
The solution is suitable for a wide variety of company sizes. Delivered over the Web in a software-as-a-service Saa Now through January 14th.
Start your free day trial today! No credit card required. Aplos is a cloud-based system designed specially to serve the needs of nonpro For nonprofits and government entities seeking a powerful, user-friendly financial system, industry leader Blackbaud offers Financial Edge NXT, a scalable, intuitive solution that manages funds, grants, HR, projects and more Kashoo is a cloud-based accounting solution that helps small business owners automate bookkeeping tasks.
Using machine learning, the platform categorizes and reconciles expenses for bank and credit card transactions, providing one ImportOMatic allows users to filter and transf ZipBooks is a cloud-based accounting and payment processing solution designed for small businesses and accountants.
ZipBooks allows users to create customized invoices with logos, themes and messages. The online bookkeeping funct Designed to save time, incre AccountEdge's banking tools allow users to send and receive money, prepare bank deposits and electronic payments, print checks and reconcile accounts.
The system's purchase order feature allows users create and track purchase orde Abila Fund Accounting formerly Sage MIP is designed to meet the financial management needs of nonprofit organizations and associations. This is one of the most widely-used fund accounting solutions on the market.
MoneyMinder is a cloud-based accounting solution designed to assist small to large non-profit organizations, sports clubs, scout groups and event planners with bookkeeping, budgeting and reporting. Features include bank reconcilia The complete fund accounting financial management solution, available online or onsite, consists of a strong core system and modules that allow you to expand Denali FUND is an on-premise and cloud-based accounting solution designed for nonprofits with multiple funds.
The product is suitable for small to midsize nonprofit organizations. Primary features include grant management, donatio ZapInventory is an inventory management solution that helps businesses streamline stock, customer relationship management and order fulfillment operations. It enables employees to create and edit purchase orders, share them with c Fund EZ nonprofit accounting software gives visibility into every facet of their organization. The software helps users to create and track budgets across fiscal years, detailing actual vs.
AccountsIQ is a cloud accounting software that simplifies the capture, process, and reporting of financial data. It offers intuitive tools to automate consolidation, manage budget, audit, digital VAT returns, and cash flow. It is Explore Nonprofit Accounting Software Category overview. Nonprofit Software. Nonprofit Accounting Software. Alternative Medicine. Arts and Crafts. Broadcast Media. Building Materials. Business Supplies and Equipment. Of course, setting a budget and sticking with it is also necessary for choosing school accounting software.
Having accounting software that ensures accuracy, saves time, and makes it easy to run the reports you need will save you a significant amount in the long run, so be sure to cross-check the features you need with a platform that suits your budget.
Blackbaud Financial Edge NXT offers a wide variety of benefits and features for educational organizations, including streamlining reporting, improving forecasting and budgeting, and saving time through automation. To learn more about whether this school accounting software is right for you, reach out to our team today at or fill out the form below to get started.
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