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Best nonprofit accounting software
Track Donations & Grants with Precision Using Nonprofit Accounting Software
FreshBooks accounting software helps nonprofits meticulously track incoming donations and grants, ensuring accurate records for financial management and reporting. This precision is crucial for maintaining compliance and donor trust.
Generate detailed financial reports for compliance
FreshBooks enables nonprofits to easily generate custom reports and detailed financial reports, providing transparency and ensuring compliance with regulatory requirements. These reports offer insights into financial health and support effective decision-making. Additionally, FreshBooks helps in generating a statement of financial position, enhancing efficiency in tracking and presenting financial data.
Simplify fund accounting for multiple projects
FreshBooks simplifies fund accounting, allowing nonprofits to efficiently manage finances across various projects and initiatives. This feature helps in maintaining clear financial oversight and accountability for each project.
Manage expenses and budgets efficiently
FreshBooks helps nonprofits manage expenses and budgets efficiently by providing tools for expense tracking, monitoring spending, and comparing them against budgets. This ensures financial resources are utilized effectively to support the organization’s mission.
Automate invoicing for fundraising events
FreshBooks automates invoicing processes for fundraising events, streamlining billing, and payment collection. This automation saves time and improves cash flow, making it easier to manage event finances.
FreshBooks Accounting Software Testimonial Videos
All the features you will need for your nonprofit accounting software
Automate your nonprofit’s financial tracking & save time
FreshBooks’ automation features, including recurring donation tracking, automated expense categorization, and financial report generation, enable nonprofit organizations to manage their finances efficiently. Automation reduces manual data entry, minimizes errors, and allows nonprofits to focus more on their mission-driven work.
Faster donor payments with streamlined invoicing
FreshBooks accounting software for nonprofits simplifies invoicing and payment tracking for donations, grants, and fundraising events. Features like online payment options, automated donation receipts, and payment reminders help nonprofits improve cash flow and strengthen donor relationships.
Gain real-time insights into your nonprofit’s financial health
FreshBooks provides real-time financial reporting, budget tracking, and expense analysis, empowering nonprofits to make informed financial decisions. Instant access to financial data ensures transparency and accountability.
FreshBooks also facilitates bank reconciliations for comprehensive financial management, enhancing detailed budget tracking alongside other features like donor management and financial reporting.
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Free vs. FreshBooks accounting software for nonprofits
Free accounting software for nonprofits may seem cost-effective initially, but it often lacks essential features like advanced donation tracking, grant management, and in-depth financial reporting. These limitations can hinder financial transparency and operational efficiency as your nonprofit grows.
FreshBooks accounting software offers an all-in-one solution, a robust alternative designed to meet the unique needs of nonprofit organizations. With FreshBooks, nonprofits can efficiently manage donations, track expenses, and generate detailed financial reports, all within a user-friendly platform. Beyond essential features, FreshBooks also provides secure data storage to protect your financial information, helpful customer support to assist with any questions, and smooth integrations with other business tools to streamline your workflow.
FreshBooks makes my life so much easier. I wish I had this when I first started my business!”
Why nonprofits choose FreshBooks. The reviews say it all
Accounting apps & integrations for nonprofits
FreshBooks integrates with 100+ apps, helping you take control of your nonprofit’s accounting and customize your FreshBooks experience.
Support that actually supports you 💙
- Help From Start to Finish: Our Support team is highly knowledgeable and never transfers you to another department.
- 4.8/5.0 Star Reviews: Yup, that’s our Support team approval rating across 120,000+ reviews
- Global Support: We’ve got over 100 Support staff working across North America and Europe
Accounting software by industry
Feeling overwhelmed by bookkeeping? FreshBooks offers industry-specific accounting software that simplifies finances and boosts efficiency, letting you focus on what truly matters. Visit our industry pages below to learn how FreshBooks can fulfill all your accounting needs!
Trades and Home Services
Creative Professionals
Specific Professions
Specialized Industries
Online and Digital Services
Resources to support nonprofit organizations
How To Start A Nonprofit In 8 Steps
Bookkeeping for Nonprofits: A Basic Guide & Best Practices
Payroll for Nonprofits: Working Process & Benefits
Frequently asked questions
Many nonprofits use accounting software like FreshBooks, which offers user-friendly interfaces and features tailored to nonprofit needs, such as donation tracking, grant management, and financial reporting.
The best accounting method for nonprofit organizations depends on their size and complexity. However, accrual accounting is generally recommended as it provides a more accurate picture of financial health by recognizing revenues and expenses when they are earned or incurred, not when cash changes hands.
The cost of nonprofit accounting can vary widely. Accounting software like FreshBooks offers different pricing plans to suit various budgets, and hiring an accountant or bookkeeper will add to the expense. Costs depend on the complexity of financial operations and the level of professional support needed.
