5 Automated Bookkeeping Systems for Nonprofit Organizations

A nonprofit business needs good bookkeeping for the charities that they are supporting. When you are starting a charity, consider one of these automated bookkeeping system for the business and finance reports nonprofits organizations will need to provide to everyone associated with the nonprofit organization.

1. QuickBooks by Intuit for Nonprofit

QuickBooks is considered a low cost option for those who are starting a charity. The Premier Edition for nonprofit information allows you to create end-of-year donation statements and create Form 990 Statement of Function for government reporting. The Premier Edition starts at $359.95 for upgrades and $399.95 for the complete system. This system is excellent for those who are just starting a charity and are not familiar with basic bookkeeping as the software will not allow you to enter an unbalanced entry.

2. QuickBooks Online Edition for Nonprofit

If several people will need to access the financial records for entering donations and expenditures, QuickBooks Online Edition is a good choice. Each authorized person can sign into QuickBooks Online and submit entries. The ideal part is that each person can be limited to what areas they can access and cannot mess up the entire system. Intuit offers a free trial for you to test drive this option.

3. Foundation Group for Nonprofit

Many people who are great at raising money are not great at bookkeeping for charities. Thus, there are a number of organizations who will take over that part of the headache and let you concentrate on what you do best-raising awareness for your nonprofit business and finances. The Foundation Group offers a wide range of services and you can subscribe to any or all of their services. Just select what you need and they will take over that headache. You will have to send the information to them, and then all reports, facts and figures are handled for you.

4. Large Nonprofit Organizations for Nonprofit

As your nonprofit organization grows, a treasurer will need to be appointed to handle all of the business and financial reports of the charity. The treasurer will oversee a number of different areas that will be headed by different departments. This can include Accounts Payable, Accounts Receivable, Payrolls and Audits. The bonus to this type of software is you can select and purchase modules as you need them.

5. Peachtree for Nonprofit

Peachtree Financial software can provide you with the customized reporting and offers an excellent choice to those who are already knowledgeable about bookkeeping for nonprofit companies. The software is easy to use when you are changing from manual bookkeeping to automated bookkeeping.

Whichever software program you select, be sure to backup your data regularly and to explore the videos, training manuals and help files to familiarize yourself with everything the software can provide to help you with your business and finances.