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Peter Papano's headshot
Peter Papano Chief Financial Officer

Accounting systems for not for profits

Asked on May 9, 2013

I recently joined the board of a not for profit.  Has anyone recently evaluated accounting systems designed for not for profits?

Answers

Leslie St. Bernard's headshot
Leslie St. Bernard Fiscal Director • February 10, 2010

Hi Pete

I can give you some recommendations, but I would like to know a little about the organization; type/mission, operating budget, and software budget.

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Peter Papano's headshot
Peter Papano Chief Financial Officer • February 12, 2010

This not for profit has a relaively small staff (less than 20), has some revenue generating activities, including consulting and advisory services and an endowment.

Ross Norton's headshot
Ross Norton Director Financial Analysis • February 15, 2010

I am in the same position being on the board of an NPO. Due to cost restrictions and having used QuickBooks before I found that this $150 software worked just fine. When you set it up you can specify for an NPO and it will create a relevant chart of accounts. I use the classes to help keep costs and revenue tied to events that we have.

kimberly kelly's headshot
kimberly kelly Consultant • March 4, 2010

Most of my non-profit clients use Quickbooks and it works fine with some procedures designed to track and release net assets. MIP by Sage is the only software I have used that is specific to the non-profit sector--the advantage is that it allows you to create industry standard reports automatically(breaking out Stmt of activities into restricted and unrestricted portions) and automatically tracks segregates net assets....

Sheila Saffold's headshot
Sheila Saffold Manager of Accounting • June 17, 2010

We use the McKesson PFM/PMM products. They generally work well for us, but can be pricey at start up.

Ken Bozzini's headshot
Ken Bozzini CFO • September 3, 2010

Somehow I ended up being the volunteer treasurer for a small nonprofit. I just purchased QB Premier 2010 from techsoup.org and it is working great. If you qualify, they have some terrific donations for 501(c)3 They also have Sage available.

Ken Gruber's headshot
Ken Gruber CFO • March 7, 2011

We use FundEZ...

Jo Wittenborn's headshot
Jo Wittenborn Executive Administrative Assis • May 17, 2011

Build or buy? Looking at Doclink from Altec or building system inhouse from Sharepoint. Nice if it linked to Navision which is our ap software. What else should I look at?

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