What makes Xero an excellent choice for nonprofits, it’s that it really emphasizes collaboration. Xero allows multiple users to access the system simultaneously, making it easy for your team to work together. QuickBooks Desktop Enhanced Payroll subscription is included in QuickBooks Desktop Enterprise Gold and Platinum.

Desktop solution with hostingstarting at:

Quickbooks Online will file the W-2s, W-3s, and 1099 with the IRS for an organization. The truth is that if you use Quickbooks Online, you will have a capable tool that covers your needs. Your experience with it will probably lead to serious headaches and frustration.

• The focus on accountability ensures that money is used to the benefit of the organization and its mission.
• With tools for automated payments, donor management, budgeting, and reporting, nonprofits can focus on their mission while staying organized and compliant with financial regulations.
• A statement of functional expenses for nonprofit organizations is a financial report that itemizes expenses according to their purpose.
• But for all other churches (which is the majority), it simply isn’t structured to fit your needs.
• The biggest drawback of using QuickBooks for Nonprofits is the price.
• QuickBooks offers tailored plans to meet the diverse needs of nonprofit organizations, allowing them to choose the best option based on their size, financial management complexity, and required features.
• Generally, this includes having specific funds or categories where nonprofit revenue is allocated.

Quickbooks Enterprise for Nonprofits

In the end, Forbes Advisor selected the 10 best church accounting software. Proper accounting and financial management are necessary for nonprofit organizations to stay viable and remain accountable to the public, donors, funders, and other stakeholders. The delegation also helps alleviate leadership of day-to-day accounting tasks and allows them to focus on other organizational objectives. QuickBooks offers a discount on its QuickBooks Online software through TechSoup. This version of QuickBooks Online offers the accounting features and functionality nonprofits need, including the ability to manage nonprofit finances, file Form 990 and file taxes. NetSuite’s accounting software offers accounts receivable and payable, cash management, fixed asset management, a general ledger and tax management solutions.

Specialized reports

Add up to 40 users with custom permissions and securely manage thousands of donors, vendors, and items easily with QuickBooks Enterprise. Quickbooks Nonprofit has all the same features, but instead of focusing on profits, focuses on expenses. Add accounting widgets to your phone’s home screen; track time using your Apple Watch. 250+ small-business products reviewed and rated by our team of experts. Whether you have a remote team or one that travels regularly, using a cloud-based solution like QuickBooks Online helps your accounting team stay connected and in the loop. One of the biggest benefits of using QuickBooks for nonprofits is customization.

• R/Nonprofit is a community for conversations about the opportunities and challenges you face working at or volunteering for nonprofits.
• You can consolidate across multiple currencies and local tax codes automatically and in minutes.
• Sync your nonprofit accounting software with apps to help fundraise on the go and efficiently manage donations.
• NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business.
• Among its features, you can find invoice management, expense tracking, and even help to create financial reports.

It also offers automated payment reminders, credit card, bank and Apple Pay payments or donations acceptance and a mobile app for depositing checks and finance tracking. Xero presents itself as a cloud-based accounting software that it’s ideal for small and not-so-large businesses. Among its features, you can find invoice management, expense tracking, and even help to create financial reports.

000 companies rely on QuickBooks Enterprise*

The best way to manage church finances is to use a fund-based single-entry accounting system built into your church management software account. That way you’re using an accounting method that best fits the needs of a church that’s built into the same program you manage the rest of your ministry. If your church has the budget for accounting software that costs more than an all-inclusive suite of church management features, then Quickbooks Non-Profits is worth considering. Your mission, should you choose to accept it, is to find the best church accounting software. One that prioritizes funds, doesn’t require double entry of every transaction and makes bookkeeping easy for religious organizations so you don’t have to turn to an expensive accountant.

Choosing the Right Plan for Your Nonprofit

• Churches that need to track expenses around projects for which parishioners or donors have earmarked their donations should consider Xero for their accounting software.
• It ensures that all resources go to supporting the organization’s mission.
• Virtual desktop connections are protected via TLS with a minimum of 128 bit encryption and authentication.
• Advanced Pricing / Control, customize, and automate pricing is included in the Platinum and Diamond subscriptions only.
• You can eliminate repetitive tasks that run up labor costs such as sending recurring invoices to contractors, sending payment reminders, categorizing transactions and auto-charging cards for recurring transactions.
• Karrin Sehmbi is an editor and content strategist on the small-business team.

Higher-tiered plans include https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ advanced features such as automations. You have to pay an extra fee for payroll services, starting at $45 per month. The best nonprofit accounting software streamlines basic accounting tasks, like transaction tracking and invoicing, while meeting a nonprofit’s unique needs. QuickBooks for Nonprofits is a comprehensive solution that simplifies accounting and financial management for nonprofit organizations. With tools for automated payments, donor management, budgeting, and reporting, nonprofits can focus on their mission while staying organized and compliant with financial regulations.