Fund Accounting Software

Does anyone know of any fund accounting software that is affordable for a small non-profit?

We are using QuickBooks and constantly fighting it as it is clearly designed for business accounting. It makes it really hard to try to track fund balances and reserve and allocate expenditures from various funds. We are using it for the same reason other probably are: it is affordable.

Or does anyone have experience in making Quickbooks deal with these issues?

There is a fair amount of fund accounting software around, but it is all way out or our price range. I think it is largely written for governments and large non-profits.

--Kenoli

Have you looked at the nonprofit version of Quickbooks???

Bob

I tired to find out something about it. On the site when you go to the section on what software to use for nonprofits, it just points you to one of the regular products. It has a series of instructional CDs for nonpfoits, but they only run on Windows and cost $200k.

It claims to address the topics of fund balances, but that's a lot of money for a pig in a poke, not knowing what I'm really getting until I pay for it.

I tried to use MYOB, as a person at their booth a MacWorld one year said you could set it up for a nonprofit. When I tried it it was all too weird using function meant for other purposes to mimic nonprofit accounting. I'm suspicious it would be the same with Quickbooks.

You don't know of something on the site I couldn't find, do you?

--Kenoli

Hi Kenoli--

You might want to also check out this TechSoup article that compares different accounting packages for nonprofits. There's also this past discussion that might also be of help to you.

Best,

Megan

Take a look at FundsFix at www.qfixsoftware.com. It provides a Funds based balance sheet for QuickBooks. QuickBooks can already do Funds based Profit and Loss and Budgets using classes. FundsFix provides the Balance Sheet.