Nonprofit Accounting Software Solutions for 2022

If you run a nonprofit, you know how important your accounting process is to the success of your business. It can literally make or break you if you don’t follow the strict guidelines established by the IRS. Fortunately, innovative software can ensure that you don’t lose your tax-exempt status. With the right nonprofit accounting software, you can even improve your other business practices.

Nonprofit Accounting Solutions

Which nonprofit accounting solutions are the best this year?

At Kerr Consulting, we have found that there are several excellent options. Each one has its own unique advantages depending on the size of your nonprofit and budget. However, these are our top 8 picks for the best nonprofit accounting systems in 2022:

Sage Intacct

Sage Business Cloud

Aplos

Intuit QuickBooks for Nonprofits

Nonprofit Plus

MIP Fund Accounting

Denali Fund

Breeze

Sage Intacct

Sage understands that the IRS holds your business to higher standards, so they rise to the challenge with Intacct. The software goes far beyond what nonprofit accounting systems offer for fund accounting. In addition to standard accounting features, Sage Nonprofit has nonprofit-specific tools, such as:

• Fundraising Management
• Donation Tracking
• Multi-Currency Support for International Donations
• Nonprofit-Specific Reporting
• Free Educational Seminars
• Denali Fund
• Breeze

Sage Nonprofit – Nonprofit Accounting Software

We find that this nonprofit accounting software is especially beneficial for CFOs and controllers. It is best suited for nonprofits with 50 to 3000 employees. We also prefer this accounting solution because it is a public cloud-based platform that is easy to deploy. Your employees even get better accessibility with the cloud storage.

Sage Business Cloud

If you are looking for a more comprehensive solution, we suggest that you look into Sage Business Cloud. It offers many of the same advantages as Sage Intacct; however, you can expect more beyond that. While it is designed for smaller businesses with fewer than 100 users, it offers a broader range of services. In addition to all of your financial tools, your business can benefit from Sage nonprofit functions for:

• Human Resource Management: You can take care of all of your HR tasks in one place to ensure smoother reporting and more accurate payroll records.
• Customer Relationship Management: Sage CRM integrations make it easier to maintain relationships with your customers and donors.
• Business Services: You can also use Sage Marketplace to integrate other software solutions that round out your business’ needs.

Aplos

If you are looking for another great cloud option, you can look into Aplos. It offers relatively affordable nonprofit accounting solutions, which are compatible with any computer or mobile device. Along with the standard fund accounting and donation management tools, many churches like the customization tools that allow them to create solutions unique needs. The software also includes website builders, event registration tools, and fundraising features.

Intuit QuickBooks for Nonprofits

Intuit is one of the most widely used accounting solutions for small businesses, so it’s no surprise that their desktop Nonprofit edition would end up on this list. With multiple levels and price points, there is something for every small business. It’s important to note that this software is best for nonprofits with fewer than five users.

While it’s ideal for small organizations, it certainly doesn’t lack in features. The desktop software wins over many nonprofits thanks to its much-needed features, including:

• Customized Chart of Accounts for Nonprofits
• Accounts Payable for Bills and Expenses
• Accounts Receivable for Outstanding Donations
• Budgeting and Reporting
• Recurring Donations

Nonprofit Plus

No matter the size of your nonprofit, you’ll be able to utilize this software. NonProfit Plus is designed to work for a wide variety of organizations thanks to its unique modules and suites. In fact, the modular design allows you to scale the software to fit your exact business needs.

While we are mostly concerned with its capabilities as accounting software, this system goes beyond that. You can also add on solutions for procurement management, fund management, and donor management. Not to mention, its human resources functions let you keep track of your volunteers and assign tasks.

MIP Fund Accounting

Nonprofit organizations have been utilizing MIP Fund Accounting for more than three decades. While they started with desktop software, businesses can now choose between their standard desktop version or their cloud-based software. This flexibility is one of the biggest reasons that we think it’s a great option for most nonprofits.

Regardless of which version you prefer, you can still expect several outstanding benefits and features, such as:

• Easy-to-Read Dashboards
• Efficient Bank Reconciliation
• Human Resource Management
• Payroll Services
• Budgeting
• Accounts Payable and Receivable
• General Ledgers
• And More!

Denali Fund

If your organization has multiple funds to manage, we recommend Denali Fund over some of the other nonprofit accounting solutions. Similar to MIP Fund Accounting, you get the option to choose between a cloud or on-premises deployment. The software also has capabilities to serve up to midsize organizations that need:

• Grant Management
• Donation Management
• Event Management
• Intelligent Dashboards
• Predictive Analytics
• Customizable Fund Calendars
• Encumbrance Transactions
• Pulse Alerts

Breeze

While most churches can use any of the other nonprofit accounting systems, Breeze is specifically designed to meet their needs. All of its features are customizable so that you can create the ideal solution for your religious organization. Some of these important features include:

• Event Management
• Unlimited Users
• Unlimited Database of People
• Donor Tracking
• Online and Text Giving
• Mobile App Access
• Member Directories
• Event Attendance Management

Find the Best Accounting Software for Nonprofits in 2022

No matter the size of your organization, Kerr Consulting can help you find the best nonprofit accounting software for you. We have decades of experience with accounting solutions of all types, including Sage Nonprofit. Therefore, we are confident that we can point you in the right direction.

If you would like to get started with selecting an accounting software for your business, we encourage you to contact us right away. You can reach Kerr Consulting through our convenient chat form or our simple online form. Clients can also call our local office to schedule an in-person consultation.