Better than Quickbooks Accounting Software for Nonprofits

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Description

 QuickBooks Alternative


Nonprofit organizations of all types can rely on accounting software to make keeping track of finances a simple and straightforward task. Ensuring that financial records are properly kept and all reporting standards are met allows a nonprofit to surge forward.


 To help you and your nonprofit find the right tool for the job, we have created the following article. Here we will cover some of the pros and cons of the most effective accounting tool that is better than alternatives to QuickBooks for nonprofits for your important job — or at least every bit as good.


QuickBooks Alternative


 ACCOUNTS from Software4Nonprofits


 If you are a smaller organization, like a community organization, something lightweight and agile is the best thing for you. This is why Accounts for Nonprofits coms very high in our rated list. It has everything you could possibly need to to keep track of your expenses and make regular reports.


 Pros


 Satisfaction Guaranteed! — 60-day free trial and a very important 30-day money back guarantee


 Versatile — The program can be used for the accounting of multiple organizations (up to 5) at no additional cost


 Cost-effective — The standard version is $130 for the first year


 Cons 


Desktop version can only be used on Windows


You have to purchase a separate donation programs for tracking donors


Only one user can do data entry at a time using the standard version


ACCOUNTS is an easy-to-use platform designed for smaller organizations. But it still has everything you will need to track fund balances, keep tabs on income and expenses, as well as ociate your IRS tax forms and create detailed reports.


It should be noted that the basic program is solid and reliable. But if you would like to data entry from multiple locations, the network option will cost a little more but allows for more entries at one time.


Financial Edge by Blackbaud


For a larger nonprofit with enterprise-level accounting, Financial Edge provides a variety of features. With Financial Edge, users can connect with leading donor and constituent managing software like Raiser’s Edge for a well-rounded financial solution to track expenses and budget throughout your fiscal years.


Pros


Cloud-based software that can be accessed, edited, and managed remotely


Fully Integrates with Raiser’s Edge donor management software


Cons


Lack of full pricing transparency on the site


Larger nonprofits have greater accounting needs, a larger number of donors, and many more employees than most nonprofits. In such a case Financial Edge can be the perfect solution for your needs. As a cloud -based the information included here can be accessed and used from any device with WiFi connection.


One of its primary advantages is its capacity to integrate with other financial programs available from Blackbaud programmers., such as Raiser’s Edge.


Sumac by Silent Partner


For those nonprofits that require a more flexible solution to accounting for donations and tracking their financial progress, we highly recommend Sumac. With bespoke donor management tools and many solutions for tracking donations, this is one of the more powerful fundraising tools available. 


Pros


Affordable and transparent pricing 


A variety of packages available 


Staff and volunteers can access databases simultaneously 


Customizable donor profiles 


Cons 


Does not include general accounting capabilities 


Additional training costs $150 per hour 


If you already have reliable accounting software and are keeping your finances in order, this could be a great addition to your operations. Sumac steps in to provide improved donor management and donation tracking capacity. Traditionally, this is done on spreadsheets and databases, but that time has ped. Sumac provides an affordable solution to upgrading this important aspect of your financial operations. 


What Is Accounting Software for NonProfits? 


The right accounting software will handle all the bookkeeping and accounting aspects of your organization so you can focus your efforts where they will be better used. 


For example, accounting software can be applied to properly organizing and managing your organizations income and expenses. Payrolls, donations, and all transactions can be compiled in one place for simple at-a-glance access. 


This can save plenty of time and effort as well as finances lost to disorganization. The right software will also speed up the time and effort needed to keep track of your finances with clever solutions like invoicing, bill payments, etc.

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