QuickBooks for Nonprofits Alternative: Why Consider Alignmint?
Explore alternatives to QuickBooks for nonprofits and why Alignmint is purpose-built for you.
QuickBooks for Nonprofits Alternative: Why Consider Alignmint?
QuickBooks is one of the most popular accounting tools in the world, but it's not built for nonprofit needs. If you're a nonprofit struggling with fund accounting, donor management, or grant tracking in QuickBooks, it may be time to consider a purpose-built alternative.
Why Nonprofits Outgrow QuickBooks
QuickBooks is designed for small businesses, not mission-driven organizations. Here are the most common limitations nonprofits face:
1. No True Fund Accounting
QuickBooks tracks income and expenses, but it doesn't support fund accounting—the method nonprofits use to track restricted, unrestricted, and temporarily restricted funds. This makes compliance and reporting a manual, error-prone process.
2. Limited Donor Management
QuickBooks lacks built-in donor management features. You can't easily track giving history, automate thank-yous, or generate donor statements without third-party add-ons.
3. Manual Grant Tracking
Grants require detailed tracking and reporting. QuickBooks doesn't offer grant management tools, so nonprofits must rely on spreadsheets or workarounds.
4. No FASB-Compliant Reporting
Nonprofits must produce FASB-compliant financial statements. QuickBooks doesn't generate these reports out of the box, requiring manual adjustments.
Alignmint: Built for Nonprofits
Alignmint is a modern, all-in-one platform designed specifically for nonprofits. Here's how it compares:
| Feature | QuickBooks | Alignmint |
|---|---|---|
| Fund accounting | No | Yes |
| Donor management | Limited | Built-in CRM |
| Grant tracking | Manual | Automated |
| FASB reporting | Manual | Automated |
| Online giving integration | Add-on | Built-in |
Key Alignmint Advantages
- Fund accounting and donor CRM: Track every dollar and every donor in one place.
- Automated grant and fund tracking: Monitor spending, deadlines, and compliance with ease.
- FASB-compliant reporting: Generate accurate financial statements in seconds.
- Seamless integrations: Connect with online giving, payroll, and more.
Who Should Switch from QuickBooks?
Consider switching if you:
- Manage multiple funds or restricted gifts
- Need donor management and stewardship tools
- Track grants and need compliance reporting
- Want FASB-compliant financial statements
How to Make the Switch
- Export your data: QuickBooks allows you to export transactions and contacts.
- Import into Alignmint: Our team can help you migrate your data quickly.
- Set up funds and donors: Configure your fund structure and import donor records.
- Start using Alignmint: Enjoy purpose-built nonprofit accounting and CRM.
Alignmint: The Nonprofit Alternative
Alignmint is designed for nonprofits—so you can focus on your mission, not your accounting software.
Ready to make the switch? Join our waitlist