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Saturday, August 20, 2022
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Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. QuickBooks for Nonprofits, a line of accounting software for small to midsize nonprofit organizations, features nonprofit editions of QuickBooks products with donation tracking, bookkeeping, invoicing and other accounting functions.
In addition, QuickBooks offers discounted products for nonprofits through TechSoup for both nonprofit and other editions of the software, a great deal for organizations with a tight budget. Compared to other accounting software for nonprofits, QuickBooks is simple, though it may initially take some time to learn.
Nonprofits can choose to either use QuickBooks Premier Desktop which comes in nonprofit editions or QuickBooks Online, depending on their needs. QuickBooks Online makes it easy to give the volunteers who help with accounting functions access only to the QuickBooks features they need.
And if you do need professional help with your accounting, it is easy to find an accountant who is familiar with QuickBooks products. Pricing does not include any add-on features, such as payroll or applications. Maximum number of users. Ease of sharing with accountants. QuickBooks Online users can invite their accountants to access their QuickBooks information directly. Upgrades are available for each QuickBooks product, either directly or in the form of add-on applications.
Ease of use. QuickBooks products require some training, but support is easy to find. As with other QuickBooks products, QuickBooks for Nonprofits requires users to enter transactions using familiar-looking forms invoices, bills, checks, etc. The accounting happens in the background. It makes it easier for employees and volunteers who are not accountants to assist your nonprofit with some bookkeeping. Overall, QuickBooks for Nonprofits really shines when it comes to fund accounting and reporting.
Even though the nonprofit editions work in much the same way as other QuickBooks products, the back-end setup for nonprofits ensures your books are kept — and reporting is done — in compliance with best practices for nonprofit organizations.
You can customize, save and automate the delivery of the reports your board of directors and donors need. And perhaps most importantly, it can help you organize the information you need each year to file your Form , the "return of organizations exempt from income tax" document that provides public financial information about the organization.
QuickBooks partnered with nonprofit tech marketplace TechSoup to offer discounted software and subscriptions to nonprofit organizations. Of the options, the QuickBooks Online Plus options don't come with a nonprofit edition but can be used for nonprofit work:. The desktop versions do have nonprofit editions:. Suppose your nonprofit needs features beyond basic accounting — including payroll, customer support and data backups — and you want to use a desktop version of QuickBooks.
In that case, your pricing will be as follows:. QuickBooks Premier Plus annual subscription; nonprofit version available. QuickBooks Enterprise Nonprofit. QuickBooks Enterprise Nonprofit is a robust platform suitable for larger nonprofit organizations. Most professional accountants and bookkeepers — and many business owners — are familiar with QuickBooks products.
The biggest drawback of using QuickBooks for Nonprofits is the price. If, however, you need more than what's available through TechSoup, you could easily spend much more for QuickBooks than for other nonprofit accounting software. Unlike QuickBooks, Aplos was explicitly designed for nonprofits. As a result, it is especially suited for churches and small nonprofit organizations.
The ability to accept donations online. The price for Aplos is perfect for nonprofits, too. Blackbaud is the gold standard for nonprofit accounting and management. Its module-based system lets you choose the right solutions for your nonprofit organization. Financial Edge NXT provides all the features you would expect from enterprise-level software, plus some:. Financial planning and analysis, including budgeting and reporting compliant with the Financial Accounting Standards Board.
Grant accounting and administration. As you might expect of a software company with customizable products, Blackbaud does not publish its pricing. Quickbooks Online. Shop Now. Deciding factors. Varies by product. How does QuickBooks for Nonprofits work? QuickBooks discounts for nonprofits. Benefits of QuickBooks for Nonprofits. Easy to find support. Drawbacks of QuickBooks for Nonprofits. Alternatives to QuickBooks for Nonprofits. For small organizations: Aplos Accounting.
Aplos includes:. Fund accounting functionality. Donor management. Email marketing. Fully compliant fund accounting. On a similar note Dive even deeper in Small Business.
Explore Small Business.
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This license is commonly used for video games and it allows users to download and play the game for free. Basically, a product is offered Free to Play Freemium and the user can decide if he wants to pay the money Premium for additional features, services, virtual or physical goods that expand the functionality of the game.
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