The top QuickBooks version for nonprofits depends on your needs and budget. For instance, QuickBooks Premier is most suitable for mid-sized to small businesses. Meanwhile, the Enterprise version is best for large nonprofits.

QuickBooks has become the leading accounting software with more than 4.5 million active users. This is because it has something for every individual, from freelance workers to private companies.

If you are a nonprofit looking to learn which QuickBooks version is the best for nonprofits, your search ends now. We understand everything about this software, so here is what you need to know.

Try QuickBooks

>>MORE: What Are The Main Features Of QuickBooks?

What Does QuickBooks Offer For Nonprofits?

The top thing about QuickBooks is that it is suitable for all nonprofits who want to track their finances. This is why there are no limitations as to the uses of this software.

Currently, the application has two versions for nonprofit organizations. Here is everything you need to know about them.

>>More: What Makes QuickBooks Unique?  | QuickBooks For Rental Properties | Does QuickBooks Charge For Bank Transfers | Can You Use Quickbooks For Multiple Businesses?

QuickBooks Premier

An essential fact to understand about QuickBooks is that it has three versions, one of which is the Pro option. So you should not confuse it with the Premier version. The two of the premium software share some similarities but also differ significantly.

QuickBooks Premier is one of the options that are suitable for small to mid-sized businesses. The best thing about it is that it has a specific edition called the Nonprofit Edition. Thus, you can enjoy software that is built for your charitable organization’s needs.

You will get access to various user options, features, and reports for your nonprofit. It is a desktop product that comes with a learning curve and more than 200 integrations. 

Additionally, it supports up to five users within the package. However, you can add more by paying extra for each person. 

QuickBooks Enterprise

QuickBooks Enterprise also has a specific edition for the nonprofit industry. However, the key feature to note about it is that it is most suitable for large organizations. So it is the top version if your business accounting needs are relatively high.

Besides that, most of the features that QuickBooks Enterprise offers are in the Premier version too. For instance, you will get access to more than 200 reports and integrations. It also comes with a learning curve like the earlier version.

The key difference is that this option supports 40 users within the standard package. Another thing to remember about Enterprise is that it is more expensive than the Premier version.

QuickBooks Nonprofit Edition Features

The nonprofit option is available in both the earlier software. Firstly, you can use the application for making pledges. Additionally, the apps allow you to record the donations your nonprofit receives.

Besides that, you can make, print, and send donor letters easily with the software. Moreover, the app enables you to customize accounting charts as well. Lastly, you will receive specific reports to better manage your nonprofit’s finances.

Try QuickBooks

>>MORE: What Is QuickBooks Used For? (Features & Functionalities)

Final Verdict: Which QuickBooks Version Is The Best For Nonprofits?

There is no specific answer for which QuickBooks version is the best for nonprofits. The best option for you is the one that meets your needs and budgets. Premier is the top version of small to mid-sized businesses that require less expensive software.

Meanwhile, Enterprise is the best version for large nonprofits because of high user access. However, it is also more expensive than the Premier option. So you should keep all these things in mind to select the best option.

>>MORE: Best Quickbooks Cloud Hosting

Read More