# Best Nonprofit Accounting Software - Page 5

*By [Emma Stein](https://research.g2.com/insights/author/emma-stein)*


Unlike businesses, nonprofits do not sell products or services for profit; instead, they focus on activities meant to benefit the public, the organizations’ members, or a specific group. The laws governing tax-exempt organizations such as nonprofits creates the need for specific accounting software. Nonprofit accounting software focuses on funding in its various forms (grants, donations, gifts, or members&#39; contributions). Nonprofit accounting helps organizations manage their finances transparently so donors can understand how their contributions are used. Special accounting reporting is also necessary to comply with regulations for grant submissions.

Nonprofit accounting software integrates with other solutions that nonprofits use to manage donations and gifts such as [donor management software](https://www.g2.com/categories/donor-management), [nonprofit CRM software](https://www.g2.com/categories/nonprofit-crm), or [fundraising software](https://www.g2.com/categories/fundraising).

To qualify for inclusion in the Nonprofit Accounting category, a product must:

- Comply with not-for-profit accounting standards
- Track payments for donations, gifts, or grants and allocate funds to various programs
- Manage other types of transactions such as returns, sales cancellation, or exchanges
- Help accountants show financial accountability to the board of directors
- Generate not-for-profit accounting documents such as end-of-year donations statements or donor contribution reports





## Top Nonprofit Accounting Software at a Glance
| # | Product | Rating | Best For | What Users Say |
|---|---------|--------|----------|----------------|
| 1 | [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) | 4.3/5.0 (3,973 reviews) | Dimensional grant and fund accounting | "[Powerful Integrations but Challenging Setup](https://www.g2.com/survey_responses/sage-intacct-review-13143071)" |
| 2 | [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) | 4.0/5.0 (3,755 reviews) | Grant and donation tracking with multi-user access | "[QBO Saves Time with Powerful Automations, API, and Integrations](https://www.g2.com/survey_responses/quickbooks-online-review-12938368)" |
| 3 | [Xero](https://www.g2.com/products/xero/reviews) | 4.4/5.0 (1,676 reviews) | Grant and donation tracking with fund-code reporting | "[Intuitive UI and Seamless Integrations That Streamline Our Workflow](https://www.g2.com/survey_responses/xero-review-13100002)" |
| 4 | [NetSuite](https://www.g2.com/products/oracle-netsuite/reviews) | 4.1/5.0 (4,721 reviews) | Fund and grant accounting with unified ERP | "[Real-Time Visibility Across Finance, Inventory, Purchasing, and Sales](https://www.g2.com/survey_responses/netsuite-review-12905951)" |
| 5 | [Intuit QuickBooks](https://www.g2.com/products/intuit-quickbooks/reviews) | 4.4/5.0 (396 reviews) | Donation and grant expense tracking with reporting | "[Easy Financial Management for Small Business](https://www.g2.com/survey_responses/intuit-quickbooks-review-12813967)" |
| 6 | [Aplos](https://www.g2.com/products/aplos/reviews) | 4.7/5.0 (97 reviews) | Fund accounting with donor-contribution integration | "[Intuitive, Minimal Training, and Excellent Fund Tracking &amp; Reporting](https://www.g2.com/survey_responses/aplos-review-12998570)" |
| 7 | [Blackbaud Financial Edge NXT](https://www.g2.com/products/blackbaud-financial-edge-nxt/reviews) | 4.0/5.0 (125 reviews) | Fund accounting with Raiser&#39;s Edge integration | "[Flexible, Secure System That Gets All Our Tasks Done](https://www.g2.com/survey_responses/blackbaud-financial-edge-nxt-review-12679169)" |
| 8 | [Daxko Operations](https://www.g2.com/products/daxko-operations/reviews) | 4.3/5.0 (101 reviews) | Membership billing and GL tracking for nonprofits | "[Easy to Navigate, Reliable Performance—Daxko Keeps Our Programs Organized](https://www.g2.com/survey_responses/daxko-operations-review-12855783)" |
| 9 | [Martus](https://www.g2.com/products/martus/reviews) | 4.7/5.0 (85 reviews) | Nonprofit department budgeting with Sage Intacct integration | "[Best Sage Intacct Integrated Budget Planning Application](https://www.g2.com/survey_responses/martus-review-12319545)" |
| 10 | [MIP Fund Accounting](https://www.g2.com/products/mip-fund-accounting/reviews) | 3.8/5.0 (37 reviews) | Multi-fund grant tracking and compliance reporting | "[Easy-to-Use MIP with Strong Reporting and Grant Tracking](https://www.g2.com/survey_responses/mip-fund-accounting-review-12225255)" |


## G2 Grid® for Nonprofit Accounting Software
![G2 Grid® for Nonprofit Accounting Software plotting products by satisfaction and market presence](https://www.g2.com/categories/nonprofit-accounting-software/grids.png?focus%5B%5D=390&focus%5B%5D=394&focus%5B%5D=1142&focus%5B%5D=446&focus%5B%5D=148997&focus%5B%5D=14661&focus%5B%5D=15574&focus%5B%5D=9907)
Highlighted products: Sage Intacct, QuickBooks Online, Xero, NetSuite, Intuit QuickBooks, Aplos, Blackbaud Financial Edge NXT, and Daxko Operations.
Underlying data: [Grid® JSON](https://www.g2.com/categories/nonprofit-accounting-software/grids.json?focus%5B%5D=sage-intacct&amp;focus%5B%5D=quickbooks-online&amp;focus%5B%5D=xero&amp;focus%5B%5D=oracle-netsuite&amp;focus%5B%5D=intuit-quickbooks&amp;focus%5B%5D=aplos&amp;focus%5B%5D=blackbaud-financial-edge-nxt&amp;focus%5B%5D=daxko-operations)


## How Many Nonprofit Accounting Software Products Does G2 Track?
**Total Products under this Category:** 64

### Category Stats (Jul 2026)
- **Average Rating**: 4.31/5 The average rating of products in this category, based on all submitted ratings
- **Top Trending Product**: ChMeetings (+0.58%) - Among all products in this category, ChMeetings recorded the largest rating increase compared to last month
*Last updated: July 22, 2026*


## How Does G2 Rank Nonprofit Accounting Software Products?

**Why You Can Trust G2's Software Rankings:**

- 30 Analysts and Data Experts
- 16,500+ Authentic Reviews
- 64+ Products
- Unbiased Rankings

G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category.


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## What Is Nonprofit Accounting Software?

[Nonprofit Software](https://www.g2.com/categories/nonprofit)

## What Software Categories Are Similar to Nonprofit Accounting Software?

- [Accounting Software](https://www.g2.com/categories/accounting)
- [Nonprofit CRM Software](https://www.g2.com/categories/nonprofit-crm)


---

## How Do You Choose the Right Nonprofit Accounting Software?

### What You Should Know About Nonprofit Accounting Software

### What is Nonprofit Accounting Software?

Nonprofit accounting software can be a vital tool in helping nonprofits easily and accurately keep track of financial data. Nonprofit accounting software is a valuable addition to any nonprofit organization looking to meet the stringent accounting standards that nonprofits are tasked with upholding. In addition to easing difficulties in meeting nonprofit accounting regulations, these solutions create more transparency within an organization, and the financial insight they provide can help leaders craft organizational strategy. Nonprofit accounting solutions are tailor-made for the not-for-profit sector, and contain a variety of features designed to ease the difficulties associated with reporting, accounting, and auditing in the sector.

### Why Use Nonprofit Accounting Software?

Nonprofit accounting software provides users with a host of potential benefits. While [free accounting solutions](https://learn.g2crowd.com/free-accounting-software) may suffice in the early days of your venture, as donations grow and operations become more complex, a solution is needed that can handle the volume and complexity of increased revenue streams. Nonprofit accounting standards differ significantly from those in the for-profit sector. The revenue stream for nonprofits is diverse, and there are strict rules governing the use of revenue for specific things. For example, a grant given to a nonprofit must be used only for the purposes explicitly stated in the contract. There is also no equity in a nonprofit organization, and reports are used to track the amount of revenue versus the amount of expenditures, as opposed to net income as in a for-profit enterprise.

A dedicated fund accounting solution allows you to meet the multiple Financial Accounting Standards Board (FASB) requirements that govern reporting requirements for nonprofit organizations. Nonprofit financial management is a tall order for any organization, and accounting software for nonprofit organizations can ease the burden placed on the finance department to properly manage that aspect of operations.

**Increase Transparency –** By using nonprofit accounting solutions, your organization can increase the transparency of its operations. Employees and donors are able to see a breakdown of your organization’s spending and how efficiently money is being used. Donors are concerned with how their dollars are being put to use; implementing a nonprofit accounting solution represents a good faith effort to peel back the layers obscuring your organization’s finances and solidify public trust.

**Consolidate Information –** Excel spreadsheets may be an adequate accounting solution in the early stages of growth, but as you grow and collect information from dozens of sources, it can get cluttered. Nonprofit accounting solutions were created for this exact reason. Instead of housing your information in disparate files and possibly in different systems, nonprofit accounting software offers a single place in which to input and keep your data. While this may seem like a simple difference, it can save your finance team time that would otherwise be wasted on collecting information from different sources.

**Manage Multiple Revenue Streams –** One of the most difficult aspects of managing the finances of a nonprofit is handling a multitude of different revenue streams. As a nonprofit, you may get revenue from membership dues, donations, grants, program revenues, and investment income. Nonprofit accounting software contains dedicated tools designed to deal with these multiple revenue streams efficiently.

**Maintain Compliance –** A huge benefit to implementing a nonprofit accounting solution is the assurance that your organization will be able to easily maintain compliance with all not-for-profit accounting standards. In case of an audit or a public inquiry into the use of your organization’s funds, you’ll have the correct records to assuage any doubts as to the proper use of organizational funds.

**Drive Strategic Organizational Planning –** Accounting may not be as glamorous as the marketing department within your organization, but the insights gleaned from accurate and comprehensive data collection and reporting can be just as valuable in shaping your organizational strategy. A concrete understanding of your organization’s financial reality is key to planning out the future of your organization. You can budget more accurately, take inventory of precisely where your revenue streams are coming from, and craft a strategy built around data.

**Improve Efficiency and Efficacy –** The ultimate goal of any software is to improve the efficiency and efficacy of the department in which it is being implemented. Nonprofit accounting software is no different. Accountants no longer have to scrounge around and sift through the digital file cabinets to locate the documents they need. Nonprofits often need to track multiple contribution types (dues, events, planned giving, bequests, and more) over different reporting periods, programs, and projects. Nonprofit accounting solutions are able to sort and sift these different contribution types and ultimately improve the efficiency with which staff accountants are able to deal with them.

### Who Uses Nonprofit Accounting Software?

Everyone within a nonprofit organization should have access to the nonprofit accounting solution for transparency’s sake. There are a few roles within the organization, however, with more cause for heavy utilization of the software. Let’s take a deeper look at which roles within these organizations have the highest use for solutions in this category.

**Chief Financial Officer (CFO) –** Nonprofit CFOs are tasked with a variety of responsibilities. In the not-for-profit sector, they are obviously not responsible for generating profit. The scope of the CFO’s duties will depend on the specific organization and revenue streams, but a large portion of what they do is make sure the accounting within the firm is solid. They can use nonprofit accounting solutions to inform financial decisions and ultimately the overall business strategy.

**Accounting Staff –** As the group with the most daily interaction with nonprofit accounting solutions, accounting staff are tasked with covering the daily accounting functions. Nonprofit accounting software makes tracking contributions, reporting, and auditing easier for this group of employees.

### Nonprofit Accounting Software Features

Nonprofit accounting software varies greatly in terms of the features available in each individual product. The features available may include, but are not limited to, the following:

**Donor Contribution Reports –** Nonprofit accounting software allows users to create donor contribution reports, which summarize yearly donations to the organization.

**Grant and Endowment Management –** Nonprofit accounting solutions typically offer grant and endowment management functionality, which provide users with a clear overview of the organizational grants and endowments an organization has applied for, given, and received.

**Audit Trail –** A key feature of any accounting software, the audit trail functionality of nonprofit accounting solutions allows users to stay on top of every single organizational transaction. Any auditors or inquiries into a company’s practices are easily answered by providing the information gathered by the software, which creates a clear audit trail.

**Invoice Customization –** While there are separate [invoicing software](https://www.g2.com/categories/invoice-management) solutions available, the beauty of nonprofit accounting software is its diverse feature set. Solutions in this category may come equipped with a dedicated tool to help users create and customize invoices. Instead of wasting time creating a brand new invoice every single time, users can create multiple templates specific to the needs of an organization.

**Accounts Receivable Automation –** This feature aids organizations in simplifying the processing of invoices, saving finance and accounting teams time and money.

**Accounts Payable Automation –** Automation is always a good thing when it can save time. AP automation means that users no longer have to worry about manually entering invoices, and companies maintain full control over organizational spending.

**Payment Processing –** Certain nonprofit accounting solutions may offer payment processing features bundled within the tool as part of the fundraising aspect of the application. Having payment processing features means that donors can contribute directly within an application, cutting down the number of steps needed to donate. Simplifying the donation process is an excellent way to get donors to do so, and solutions equipped with this feature accomplish that.

**Payroll –** Some solutions may offer payroll functionality, so organizations can track spending on employees directly within the application. This contributes to financial planning for the administration, as users are provided with a comprehensive breakdown of overhead and can assess in detail if it is warranted as well as whether the organization is over- or under-spending.

**Financial Reporting –** All solutions contain reporting tools built in; reporting is a vital function of nonprofit accounting tools, which cater to tax-exempt organizations.

**Data Import –** Solutions typically offer easy-to-use data import tools for users looking to input data from donor management and fundraising solutions.

**Cloud-Based Solutions –** Solutions in the nonprofit accounting category typically offer a cloud version of their software. As more solutions are hosted and deployed in the cloud, the quality of a solution’s cloud offering becomes increasingly important.

### Trends Related to Nonprofit Accounting Software

There are a variety of trends within the nonprofit accounting space, but two trends of particular importance are the migration of nonprofit accounting solutions to the cloud and the replacement of older non-specific accounting solutions.

**Migration to the Cloud —** While on-premise solutions maintain a solid foothold within the software industry as a whole, there has been a distinct shift from on-premise to cloud solutions when it comes to nonprofit accounting software. The benefits inherent to cloud-based solutions are numerous, and organizations have started to realize them. Cloud solutions are easier to deploy, update, and manage for the purchasing party.

**System Replacement —** A great deal of the nonprofit world operates on a shoestring budget, which impacts an organization’s ability to invest in new software. However, as the number of solutions in the dedicated nonprofit software space increases and the quality of those solutions improves, more nonprofits are looking to purchase and implement a new solution within their organization.

### Software and Services Related to Nonprofit Accounting Software

Nonprofit accounting software is heavily reliant on and integrates with solutions in a variety of nonprofit software categories, the primary ones being [donor management software](https://www.g2.com/categories/donor-management), [nonprofit CRM software](https://www.g2.com/categories/nonprofit-crm), and [fundraising software](https://www.g2.com/categories/fundraising). Nonprofit accounting solutions may come as a pre-integrated module within one of the categories just mentioned.




