Get 25% off Xero and see how online accounting software can work wonders for your nonprofit or charity. The discount is available to registered not-for-profit bookkeeping for nonprofits organizations on a business pricing plan. Aside from payroll, Justworks also helps you to process tax filings for your W-2 and 1099 employees.

Gusto offers two W-2 pricing plans ranging from $40-$80/month + anywhere from $6-$12/employee. There is a third Premium plan with custom pricing for businesses with advanced payroll needs. There is a 1099 Contractor Only plan as well for businesses without any W-2 employees, which costs $6/month/employee.

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Reports allow you to see how many hours go into every task, customer, and project. Aplos Software also focused on expanding the fundraising and donation tracking aspects of its software since 2012 to make it more successful for the vertical market of nonprofits. It launched a contributions management module in 2012 that tracked donations within Aplos Accounting and created contribution statements, https://www.bookstime.com/ which are annual giving receipts required by the IRS. In July 2013 it began offering a donor management module, and in May 2017 it expanded on its module to launch a stand-alone product as Aplos Donor Management. Gusto’s first-tier plan has a cheaper monthly cost than QuickBooks ($40/month vs. $45/month), but the cost per employee is higher ($6/per employee vs. $4/per employee).

From the payroll dashboards, you can see, analyze and share reports across different departments for seamless decision-making across your organization. Aplos Software focused its software on simplifying the primary back office tasks required to manage a nonprofit, private foundation, foundation (nonprofit), charitable organization or church. Gusto is an all-in-one people platform that simplifies payroll many human resources tasks. Whether or not Gusto is cheaper than QuickBooks will depend on which plan tier and add-on services you choose and how many employees you have. Ultimately, though, Gusto’s three main plans are flexible enough to accommodate nearly any small business that wants a robust, affordable software solution to its business needs.

Gusto HSA & FSA Accounts

Gusto’s Plus plan is also cheaper than the highest tier QuickBooks plan ($80/month + $12/per employee vs. $125/month + $10/per employee). In addition to its different tiers of pricing plans, Gusto boasts strong add-on services that can make the software platform more customizable. New customers can explore the software with its no sign-up required Gusto interactive demo.

QuickBooks is another payroll software offering several essential payroll processing features for nonprofit organizations. The software allows nonprofits to manage expense sorting, categorize expenditures by funds or programs, track and manage donations, and generate custom reports. Gusto is a cloud-based payroll and human resource management software designed to simplify financial operations like payroll, tax filing, benefits management and compliance. Widely used by businesses and corporations, Gusto also serves nonprofit organizations. Overall, as a nonprofit owner or manager, it is important to be aware of your specific needs and budget and compare them to the features above.

Bookkeeping for Nonprofits – Scope of Services

All feedback, positive or negative, helps us to improve the way we help small businesses. R/Nonprofit is a community for conversations about the opportunities and challenges you face working at or volunteering for nonprofits. This is also a place for constructive discussions about issues in the social sector, movement building, and philanthropy. Customer ServiceKaren’s customer service team understands the unique challenges of a YMCA.

• Gusto is a cloud-based payroll and human resource management software designed to simplify financial operations like payroll, tax filing, benefits management and compliance.
• Gusto is transparent and upfront about the pricing behind its plans, for which payments are made monthly.
• Automatically enroll people based on title, location, or department and keep track of their progress.
• Whether or not Gusto is cheaper than QuickBooks will depend on which plan tier and add-on services you choose and how many employees you have.
• Monitor the flow of cash in and out of your nonprofit with a handy dashboard.
• Paycor has solutions to help nonprofits recruit, mitigate compliance risk and manage labor costs.

For example, if your nonprofit has hourly employees or different pay rates, make sure the software offers those options. Also, consider whether you need features like direct deposit, automatic tax calculations and the ability to print checks. In addition, Paychex offers multiple employee payroll processing features that make it easy for organizations to manage different types of payment from their desktops or mobile phones. Depending on the type of payment method your organization offers, Paychex offers payroll options such as direct deposit, paper checks, 24/7 real-time payments and Pay-on-Demand. Gusto offers customers a three-tiered catalog of pricing plans for salaried employees that scale with the complexity and size of their business.