I am thinking we will need to get QuickBooks to manage our finances. Do we you recommend the nonprofit version? I have not looked much into this yet. Any input is greatly appreciated.
Nancy in CA
Nancy,
I don’t think you need the Nonprofit version of QuickBooks. Usually the Pro version is sufficient. The Nonprofit edition is helpful if you receive a grant and need to track grant expenses.
I usually recommend online accounting software instead of purchasing a desktop version. Online accounting means that several people can access your accounting records from their home computers. That’s very important. It also downloads your bank transactions automatically!
I recommend:
QuickBooks Online. You may be eligible for a free version of QuickBooks Online. I wrote about it here: Use QuickBooks Online for free
Wave Accounting. I set up a small nonprofit on Wave recently. It’s working for them and it’s free!
Aplos Software which is popular with nonprofits and churches.
I discuss software options in a chapter in Money Management in a Homeschool Organization,
Carol Topp, CPA
I actually had a similar question myself, so thank you for answering this. I’d been wondering what the differences between the two were. That Wave Accounting program seems interesting too.