Free Nonprofit Accounting Software Wave Financial

FreshBooks’ software stands out for its ability to track expenses and restricted funding. For example, time-tracking tools tell you how long it takes an employee to complete a project’s task.

Read our articles, guides, and expert tips to learn more about nonprofit accounting software. It takes more than donations to succeed—you need a suite of powerful HR, CRM, and accounting software for nonprofits to move your mission forward efficiently. MIP Fund Accounting helps nonprofits track and report individual funds from multiple sources.

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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. NonprofitPlus’s accounting software is built for nonprofits looking to get a handle on fund accounting and management, budget checking, grant management, and board management. For organizations that want total remote access, Araize FastFund Accounting is our pick for the best cloud-based solution. It offers comprehensive accounting, fundraising, and payroll services and can be accessed from anywhere in the world. Many nonprofit accounting solutions include features that prepare the Form 990—a tax form requiring certain federal tax-exempt organizations to file with the IRS. NetSuite’s accounting software offers accounts receivable and payable, cash management, fixed asset management, a general ledger and tax management solutions.

That’s where our optional cloud app,AccountEdge Connect can help. The smiling faces of the people and families you help on a daily basis are probably part of it. Dealing with all the paperwork in running the ‘business’ side, aka doing your accounting.

Custom Chart of Accounts

Have built-in programmable dashboards and reports for personalization and reporting. Ready to take your fund accounting operations to the next level? View real-time snapshots of your organization’s financial health with dashboards that can be customized by the user.

Increase transparency, reduce time spent on auditable reporting, and demonstrate that complex funding requirements are met. Gain visibility across your organization and equip decision makers with the decision-support tools they need, to make the right calls at the right time. Save on IT support costs, and benefit from easy self-sustainable deployment to respond quickly nonprofit accounting in times of crisis. Reduce manual process with automated workflows, expedited financial closing, and reporting tools. Our intuitive, flexible cloud-based platform helps you increase efficiency, optimize resources and build trust. Library Find everything you need about Unit4’s products and services. Handle your nonprofit’s accounting right from wherever you are.

Best for Volunteer-Run Nonprofits

Set a budget and compare your organization’s projected budget with your actual income and expenses to help you reach your financial goals. Slice and dice your financial reporting to see the exact data you need across your organization, including giving reports. Team permissions—Set custom user permissions to safeguard donor data. Mark certain volunteers as bookkeepers or set them up with time-tracking only accounts.

• Expand your reach and make an impact by getting everyone on-board.
• In contrast, nonprofit accounting centers on tracking funds, including responsible oversight of fund management.
• Its free accounting tools offer income and expense tracking, reports and a reporting dashboard.
• Similar to QuickBooks Enterprise, Accufund is available as both a desktop product and a cloud-based solution.
• With FastFund Fundraising, you can create detailed donor profiles, track cash, pledges, and in-kind gifts, and create customized donor receipts.
• If you need additional training, you’ll have to pay $150 per hour.
• Unleash the potential within your organization with our people-focused enterprise solutions for the Nonprofit sector.