Tools I Recommend for Nonprofit Financial Accounting

Let's dive into the best tools I recommend for Nonprofit accounting. While QuickBooks Online serves as a foundational tool, it's the integration with complementary software that truly enhances the accounting process for nonprofits.

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We'll discuss the three key elements of any accounting function: people, process, and technology, and how finding the right balance among them is essential for organizational success in accounting for nonprofits. Join us as we explore various functions and recommend tools specifically designed for nonprofit accounting, from streamlining bill pay to simplifying payroll processing, optimizing expense reporting, elevating financial reporting, and enhancing donation management and online fundraising efforts.

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00:00 Introduction
01:04 The Three Resources: People, Process, and Technology
02:00 Bill Pay Tools: Melio and Bill.com
03:09 Payroll Tools: Gusto and Paychex
05:23 Expense Reporting and Receipt Management: QuickBooks Online and Divi
08:07 Financial Reporting: Fathom
09:25 Donation Management and Online Fundraising: Little Green Light and DonorBox
11:43 Assessing and Implementing Tools
13:34 Monitoring and Adjusting Tools

   • Tools I Recommend for Nonprofit Finan...