Aplos's fund accounting module makes it easy for your organization to track incoming money. You can set donor restrictions, ensuring your team properly allocates and uses every donation. For example, if one of your donors gives for a specific project, you can restrict that amount and use it only as directed. Or, label unrestricted funds accordingly so your team knows that the donation is flexible. It's crucial for proper spending practices and complying with FASB guidelines.
\nWhen you spend donor funds, you can provide them with detailed reports outlining where you used their money. If a person provided specific instructions for use, you can prove to them that your organization stayed true to their request. It's a great way to build trust with new givers and retain strong relationships with regulars.
\nAplos is also affordable for small to midsize nonprofit organizations. The Lite plan starts at just $79/month, which is cheap compared to other products on the list like Sage Intacct. That said, if you want features like budgeting, pledge tracking, and recurring transactions, you'll need to upgrade to the Core package at $99/month, which is still a good value.
\n$product\nlabel: Best Overall
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