As a result, it is especially suited for churches and small nonprofit organizations. Most professional accountants and bookkeepers — and many business owners — are familiar with QuickBooks products. So whether you need an accountant’s help or want to enlist the support of your volunteer team for bookkeeping, you likely will be able to find people who can support you. Loom is a video messaging tool that nonprofits can use to create and share personalized video messages, providing a more engaging and impactful way to communicate with donors and supporters.
Free users can only create surveys or forms with 10 questions, with response limitations. Blackbaud incorporates nearly every tool a nonprofit of any type and size could ever need. Elevation Web is a full-service agency that builds high-quality websites for nonprofits. They specialize in website design, graphic design, search marketing, and copywriting.
Nonprofit Accountants: Find the Best 5 Accounting Services (Including Nonprofit Accounting Firms)
Paid plans start at $15 per month, billed annually, and offer features that include multiple users, bulk updates, timesheets and sales tax tracking. Zoho is a comprehensive suite of business software and Zoho Books is its accounting component. The free version includes all the features you need to get your finances in order, including expense and mileage tracking, reconciliation, invoices and email support. One of its best features is that it can integrate with other Zoho products, such as Zoho CRM, making it a good choice if you’re already using other Zoho software for your business. This type of accounting program typically features a robust set of tools for tracking income and expenses, managing invoices and bills, financial statements, and reconciling bank statements.
You’ll have to pay only if you use their online payment service, Wave Payments, which charges 2.9% + $.30 per transaction. In addition, ZipBooks includes an auto-billing option, a great feature if you bill customers the same amount each month, with an option to create automatic payment reminders. In addition, you can create custom quotes and later convert those quotes to invoices when approved. The ZipBooks free plan allows you to connect one bank account, while paid plans allow you to connect as many accounts as you wish. Kashoo offers a single plan, which will cost you $19.95/month, or $199 annually, and supports an unlimited number of users. Kashoo also offers bank account connectivity, which you can choose to bypass.
What is the Best Small Business Accounting Software Option Today?
This means that you’ll need to input most of your Helcim activity manually into your bookkeeping system. ERP software is a comprehensive solution that manages all aspects of a business, while accounting software is specifically focused on financial management tasks. Starting at $10 per month, this plan includes features such as creating and sending invoices, tracking what you’re owed, and automatic bank reconciliation.
Xero also excels at accounting basics that can keep your nonprofit’s budget on track, including thorough financial reporting and expense tracking. Its mobile app lets you collaborate on the go, and it integrates with hundreds of third-party apps. The fund accounting software provides you with different reports that allow nonprofits bookkeeping for nonprofits to manage their operations. Examples include donation reports, profit/loss reports, transactions reports, and expense reports. With features like bill and invoice reminders, bank connections, and a receipt scanning app, you can invest more time in making a difference and less in your nonprofit accounting software.
Helcim: Best for subscription-based businesses
Prior to Capterra, she worked as an assistant content manager at InfoEdge India Ltd. She is a published author and has contributed to various magazines and websites. Powerful, easy-to-use accounting software that has everything you need to confidently run your business. You don’t need to be an Excel wiz to understand your organization’s financials. Export profit/loss, sales tax, cash flow, comparative, and more reports with visual graphs that makes the information easy to comprehend. You need to have capital to keep giving back, but you don’t have to sacrifice your cause to run your nonprofit like a cash flow positive business.
The simplest accounting software is subjective, but FreshBooks is a good example of simple, user-friendly cloud-based accounting software. Finding the right accounting software can help streamline your financial management, save you money, and increase your profitability. While some may include a longer list of features, they can all help you manage your business finances the right way. Read the reviews, download a few demos to test drive the options, and find the one that’s right for you. Better suited for service businesses, since it doesn’t offer inventory management, ZipBooks offers complete double-entry accounting capability as well as good custom invoice creation. Accounting Start is better suited to very small or brand-new businesses that need limited features; it runs $10/month.
In spite of its excellent reports and recurring invoices, though, FreshBooks falls short in a few bookkeeping areas. Most notably, its cheapest plan doesn’t include double-entry bookkeeping or free accountant access. For accountant access, more accurate bookkeeping, and detailed business health reports, you’ll need the $30-a-month Plus plan (non-promotional price). Answer a few questions about your accounting software needs and we’ll send you up to five customized recommendations.
