QuickBooks for Nonprofits

Elise Williams

2023-03-24 17:08:10 • Filed to: Quickbooks Solution • Proven solutions

QuickBooks has stolen a march on their rivals covering many sectors, from Engineering to Architecture with their great offers, which help business owners keep track of the cash flow, expenses among others. QuickBooks for nonprofits has also made an entry in to the market, with their online accounting software program which is easy to use, and has great features that are synonymous with nonprofit bookkeeping. Although, there is a QuickBooks nonprofit version that is used in the nonprofit sector, QuickBooks Premier Nonprofit is preferred because of its fair price and adaptability to match nonprofit companies.

Features

Customization- QuickBooks online nonprofit software has templates that can be customized to achieve better compilation of data, and tracking of time and payments.
Audit Trial- To maintain the integrity of organization it is advisable to turn on the audit trial feature, which shows the identity of the person who initiated a transaction or data changes.
Flexibility- QuickBooks nonprofit desktop version (QuickBooks Premier or Enterprise-Nonprofit) has a great set up that is tailored to suit the nonprofit needs.
Tracking- QuickBooks Nonprofit 2017 review has brought to light, how donations can be tracked through the customer management option on the dashboard.

Freshbooks-A Better Alternative to QuickBooks.

The introduction of FreshBooks in the Accounting market has seen the use of spreadsheets, and separate time tracking system – which were tedious, get phased out. With Freshbooks, Nonprofit users are offered a complete package which can; Initiate reporting of financial transactions, track expenses, and even monitor and log time for a companies’ employees. The other reason for choosing Freshbooks over QuickBooks, is the Fundraising or Donor management capability which is embedded in the application. This enhances the tracking and management of grants, and the management of all the expenses incurred.

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Key Features of FreshBooks

Online invoicing- Freshbooks enable the emailing of invoices to clients.
Freelancer and Nonprofits- Freshbooks does not limit any user. Charities and Churches among others can use the software, which is tailored to suit their needs.
User friendly- Easy to use.
Time Tracking- It does time tracking to give a detailed timeline after completion of projects.

Why Freshbooks is the Right Choice

The stand out reason for choosing Freshbooks over other Accounting Tracking software, is because they offer a platform that ensures nonprofit organizations, can invoice clients in a faster way – this translates to time saving which can be used to improve other sectors of the organizations. Freshbooks gives the user the freedom to customize invoices that have the nonprofit organization’s logo, which is great for easier recognition by the clients. Freshbooks for nonprofit organizations offers the users the ability to include time and expenses to the invoices, so that the clients aren’t subjected to the bother of many invoices.

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