The Best Nonprofit Software 2023 Review

best free bookkeeping software for small nonprofit

So, if your priority is creating some order, automation and integration in unruly stakeholder management workflows, we would recommend monday. However, we didn’t see the bells and whistles of the more complex CRMs on monday, or at least not without paying for the top tiers. Pipedrive was originally designed for salespeople, but its functionality is easily adapted for managing donors and volunteers. In other words, effective bookkeeping practices will accurately record and monitor your financial activity throughout the fiscal year. When the time comes to report your financial activity or make a budgetary decision, you’ll be equipped with precise and thorough information.

But even with its extensive accounting features, QuickBooks’s nonprofit software still doesn’t have as many nonprofit-specific features as Sage Intacct and Aplos. It’s also on the pricier end of accounting software that wasn’t built for nonprofits. If you’re trying to balance a nonprofit budget on, well, a budget, Xero, Zoho Books, and FreshBooks are cheaper options, and Wave Accounting is completely free. 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.

Nonprofit accounting software runner-ups

The default version is only available via desktop, so employees cannot access it remotely. If you want to add cloud-based access, you’ll need to pay an additional nonprofit bookkeeping fee for hosting for each user that will be using the program. For example, the cost for two users to remotely access the Diamond plan is $3,572.40.

  • QuickBooks offers a discount on its QuickBooks Online software through TechSoup.
  • With this software, you can create donor profiles, communicate with donors and keep a record of the relationship, and personalize your engagement and retention strategies with targeted outreach tools.
  • A bookkeeper may assist with software selection as well as support and training.
  • It should also offer nonprofit-specific accounting functionality, such as the ability to receive donations, manage restricted funds and file Form 990.
  • With Blackbaud Financial Edge NXT, you can manage your cash flow, accounts payable, and accounts receivable.
  • Within this segment, a shift from fully insured to self-insured businesses could accelerate in the event of an economic slowdown, which prompts employers to pay greater attention to costs.

Then, plan out how you’ll spend your income in a way that achieves those goals. If you have employees, payroll integration is another convenient feature. Beyond that, you’ll have to consider your unique business needs when deciding what to look for.

Abila MIP Fund Accounting pricing

ZipBooks was designed to be 100% cloud-based, so you can check in on your foundation’s account balances or accept a donation from anywhere you have an internet connection. The offers that appear on the website are from software companies from which CRM.org receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all software companies or all available software companies offers.

  • For large nonprofit organizations that have significant accounting needs as well as employees and a large donor-base, Financial Edge can be an excellent fit and it’s our top choice for large organizations.
  • Financial Edge NXT by Blackbaud is a cloud-based fund accounting solution.
  • Whether it’s breaking down budgets by program or donors, this software can do it all.
  • By choosing software with these features, you can ensure that your nonprofit bookkeeping is efficient and effective.
  • First and foremost, the software should be able to track income and expenses.
  • In addition to the functionality described above, you’ll need extra features.

So, if your priority is creating some order, automation and integration in unruly stakeholder management workflows, we would recommend monday. However, we didn’t see the bells and whistles of the more complex CRMs on monday, or at least not without paying for the top tiers. Pipedrive was originally designed for salespeople, but its functionality is…