Fund Accounting Without The Hassle
Aplos is specifically built to serve the unique financial needs and dynamics of nonprofit groups and faith-based organizations. You can confidently manage your books, financial health, and bottom line the right way, the first time and every time.
Perfect for both large and small organizations
Advanced accounting tools and beautiful reports for organizations that need them
World-class fund and donor accounting features specific to the needs of nonprofits and churches
Aplos is a robust accounting system that allows you to keep track of your grants, programs, and fundraising so you can give your board clarity on your finances.
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Fund accounting
Financial Reporting
Donation Tracking
Contribution Statements
Online Giving Forms & Widgets
Event Registration
People CRM Database
No credit card required. Cancel anytime.
Fund accounting
Donation tracking
Online giving forms
Financial & giving reports
Event registration
Budgeting
Accounts payable & receivable
Recurring transactions
Pledge tracking
Partner integrations
For organizations tracking budgets and financials for grants, programs, departments, or multiple locations.
Customized solutions start at $189/month. Contact our sales team for a personalized quote.
Fund accounting
Donation tracking
Online giving forms
Financial & giving reports
Event registration
Budgeting
Accounts payable & receivable
Recurring transactions
Pledge tracking
Partner integrations
Budgeting by fund
Project, campaign, or department budgeting & reporting
Fixed asset tracking
Income & expense allocations
and more...
What is a nonprofit fiscal year, and how is it different from a calendar year? And why does it matter?
The I.R.S. gives the following definitions:
Now, here’s why it matters. Many nonprofit organizations simply choose to have their fiscal year match the calendar year and end on December 31. Selecting the same end date can make setting up your books and keeping track of deadlines easier. Your fiscal year end date matters because many nonprofits are required to fill out a Form 990-EZ tax prep software for nonprofits.
There are other considerations that may lead you to pick a different fiscal year. Some organizations are busy during the holiday season and would rather not spend Christmas vacation closing out the books.
Many nonprofits find attendance at their fundraisers and other events roughly follow the school year. For example, families generally fall into a routine during the school year and are more likely to go on vacation in the summer months. This leads some nonprofits that work with schools to select a fiscal year that ends in the summer in order to close out their books at a relatively slow time of the year. It also more accurately reflects their nonprofit’s financial activity, which is a good reason to have a fiscal year that is different from the calendar-year end.
Whatever fiscal year you pick, whether it matches the calendar year or not, is up to you and should match the needs of your nonprofit. You can change your fiscal year by filling out an IRS Form 1128. Each state is different, so check your state’s requirements for changing your nonprofit’s fiscal year end.
What considerations went into selecting your fiscal year? Join the discussion on Twitter @Aplos_Software.
Good luck, and remember this blog is just a helpful resource and is not meant to be a substitute for professional services. Always consult a CPA or trusted professional when seeking tax or accounting advice.
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