QuickBooks Desktop Enterprise for Nonprofits

Diamond includes all the features of QuickBooks Desktop Enterprise Platinum edition with the exception of Enhanced Payroll. Diamond also includes QuickBooks Assisted Payroll and QuickBooks Time Elite time tracking. It’s easy to use, so even if you have no bookkeeping experience, you can navigate the program and take advantage of its features to manage your organization’s finances. The price for Sumac starts at $99 per month for the standard plan, which comes with standard features.

Is QuickBooks Free for Nonprofits?

Your team can take and record donations right on their phone or mobile device. Tag donations to a specific program or fund for accurate bookkeeping. Araize has over 30 years of experience delivering software solutions to nonprofit organizations. With the FastFund Accounting platform, you can handle bank reconciliations, generate accounting reports, create budgets for each department and grant, and generate all the data you need to complete the IRS Form 990.

1. You can use Financial Edge to create budgets, track expenses, manage cash flow, and handle the general ledger.
2. You can use the statement to assess the usage of funds, track performance, and make decisions about future operations.
3. QuickBooks Enterprise Nonprofit is issued by Intuit, the financial services and tax software company.
4. Instantly create reports as needed to keep stakeholders in the loop, or to prepare for the annual IRS filing.
5. Aplos stands out for its customer relationship management (CRM) component.

We selected QuickBooks Enterprise Nonprofit because of its robustness even though there are cheaper versions for nonprofits. For large or growing organizations that need comprehensive accounting services, this program can be a good fit. You can use QuickBooks Enterprise Nonprofit to track expenses and charitable donations, budget by program and compare to actuals, and create donor and grant reports.

Improve your productivity and your bottom line with QuickBooks Desktop Enterprise

At the end of the year, all of your data is organized in one location to save you time when preparing IRS Form 990. Expert Assisted is a monthly subscription service that requires a QBO subscription and provides expert help to answer your questions related to the books that you maintain full ownership and control. An expert can guide you through QBO setup and answer questions based on the information you provide; some bookkeeping services may not be included and determined by quicken for nonprofits the expert. For more information about Expert Assisted, refer to the QuickBooks Terms of Service.

QuickBooks Desktop Assisted Payroll is not available in Indiana or Wyoming. It is included in the base subscription for QuickBooks Desktop Enterprise Diamond; $1 per employee per pay period. If you file taxes in more than one state, each additional state is currently $12/month. Active subscription, Internet access and Federal Employer Identification Number (FEIN) required. QuickBooks Desktop Payroll requires a supported version of QuickBooks Desktop Enterprise Diamond updated to the most current maintenance release.

Are Free Accounting Software Packages for Nonprofits Worth It?

If you’re trying to balance a nonprofit budget on, well, a budget, Xero, Zoho Books, and FreshBooks are cheaper options, and Wave Accounting is completely free. Nonprofit accounting associations offer resources, training, and support specifically tailored to the needs of nonprofit organizations. These associations can provide information on best practices, accounting standards, and regulatory compliance for nonprofits. On the other hand, for-profit accounting involves tracking and reporting revenues from and expenses of producing goods or providing services for a fee. For-profit accounting also focuses on revenue sources and production costs, such as materials and labor. The biggest drawback of using QuickBooks for Nonprofits is the price.

000 companies rely on QuickBooks Enterprise*

As nonprofits expand and evolve, their financial situations become more complex. While many organizations start out managing their finances in spreadsheets, they eventually outgrow this method. To keep your nonprofit’s accounting practices on track, it’s best to invest in specialized software as soon as it’s within your organization’s budget and would effectively serve your needs. The accounting software you choose should work for your organization.