Thursday, September 12, 2024

Best Accounting Software For Nonprofits (2024)

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Nonprofits have specific fund-tracking needs that ensure they're fulfilling their mission . With that in mind, some accounting software is better than others. 

For this list of the best accounting software for nonprofits, we looked at software that could be used to perform specific functions that help nonprofits stay compliant (i.e., to maintain their legal nonprofit status) and ensure a robust cash flow so that they can fulfill their mission. Among our picks:

Because every dollar your nonprofit receives needs to be carefully categorized to ensure tax and regulatory compliance, Aplos helps remove an enormous, time-consuming burden.

Standout features: 

Best for:  Nonprofits on a budget that have smaller or limited revenue streams.

Free trial? Yes, 30 days

Price range: $18 per month or $522 per year, with 70% off for four months. FreshBooks also offers lower-priced tiers, but these plans may not be sufficient for nonprofits and NFPs.

Why we like FreshBooks for nonprofits: FreshBooks is one of the more affordable options for accounting software, so it will be a good option for nonprofits and not-for-profits that don't have complex bookkeeping needs. 

Why we like QuickBooks for nonprofits: QuickBooks is often cited as a favorite of accountants as its suite of features is one of the most comprehensive. (In fact, we consider it the top accounting software for all small businesses .)

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