Seven Alternative Accounting Solutions To Quickbooks For NonProfits.

Nonprofit organizations handle huge sums of money which they receive either as donations, grants and gifts. They are therefore required to meet the standards and guidelines outlined by the financial accounting and standards board and to do this, they need to track their financial information using accounting softwares and solutions that streamline the organization’s processes, click this website link: https://www.aplos.com/

Nonprofits have been using Quickbooks accounting software but with the advancement in technology, more accounting software solutions with more features have been launched and are gaining popularity within the nonprofit sectors. Quickbooks have proven to be expensive as it does not allow free trial for enterprise plan, nonprofits need to pay more if they need to add users or even use the software remotely.

Here are some of the accounting software nonprofits can consider in place of Quickbooks.

1. Accounts

When choosing a software, who doesn’t want to have a free trial period before making the commitment to pay for it? This trial period is a perfect chance to decide if the software solution will serve your organization to your liking and Accounts offers a 60 day trial period with a 30-day money back guarantee if you don’t fancy the software.

The software can be used by a maximum of five organizations for accounting purpose at the same time at no additional cost too. It is mostly suitable for small organizations who have few donors as it offers free donor tracking and donor information.

2. Blackbaud

This accounting software allows for remote access via the cloud based software installation. It also integrates with other software such as Raiser Edge which allows organizations to track their budgeting and expenses within fiscal years by allowing forecasting different outcomes. Blackbaud is suitable for organizations with large number of employees, donors and significant u needs.

3. Sumac

This accounting software is highly regarded by organizations that like to customize their data and projects. Nonprofits are able to customize their donor profile, track donations using its donor management tools.

Another perk to having Sumac is that it can be accessed remotely by employees and volunteers hence they are always updated on how the database is progressing. Sumac also offers free training after purchase, allows you to create reminders to follow up with donor pledges and allows nonprofits to create summarized reports.

4. Zoho Books

Every nonprofit needs a software that is easy to use but still meets the organization’s needs. Nonprofits are able to carry out book keeping and accounting tasks with ease as it has a user friendly interface that is easy to navigate.

Quickbooks do not allow for customizable invoices which is available with Zoho Books. Zoho Books is easy to set up and some of its features are compatible with mobile devices.

5. Sage 50 cloud

Another accounting software that has proven to be a better alternative to Quickbooks since it allows remote access, has free trial plans and it has a back up for you nonprofit data stored on the cloud so organizations do not have to worry about losing their donors or financial information.

6. Xero

Xero has a friendly user interface and nonprofits can add unlimited number of users and also allows for mobile integration. Most non profits possess assets like vehicles and office equipment. With Xero fixed asset management feature, nonprofits are able to track their assets and their value in real time. Xero is less cheaper compared to Quickbooks and it also offers a 30-day trial period.

7. Money Minder

This software is a great choice for nonprofits that are volunteer led. It is easy to navigate and has volunteer management tools that help you track volunteer activities.

Money Minder bookkeeping software can be accessed remotely and one can track expenses, create budgets, generate easy to understand reports and integrates with payments systems with ease.

Final Word

Nonprofits are always looking to cut costs and reduce expenses and these accounting softwares can be a lifesaver as one will not need to hire an account if free accounting softwares are available and they meet the business needs.

While choosing the software, consider who will be using it since most volunteer led organizations may be good with the basic or free plans that are not complex.