What is a fund accounting?

An accounting system emphasizing accountability rather than profitability, used by nonprofits and governmental entities. It tracks financial resources in separate self-balancing groups, or 'funds', based on restrictions placed on their use by donors, grantors, or other external parties.

Who uses one?

Nonprofit finance directors and bookkeepers managing fund accounting, grants, and compliance

What does it cost?

Pricing varies. The cheapest provider in our Top 11 starts around $10000/mo. See the cheapest providers ranked.

How do I pick one?

Read the full methodology for our 9.4-point scoring framework, then look at the canonical The 11 Best Nonprofit Accounting Software Tools (2026). If you want a slice of the ranking by price, fit, or compliance, jump to: cheapest · highest-rated · fastest onboarding.

Source: Top 11 The 11 Best Nonprofit Accounting Software Tools (2026), verified July 1, 2026.