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12 JULY 2017 ■ www.CPAPracticeAdvisor.com REVIEW: NONPROFIT ACCOUNTING SOFTWARE www.intuit.com QuickBooks Online offers a nonprofit version of its software that is best suited for smaller nonprofits with less complicated needs. QuickBooks Online offers four editions of the software: Self-Employed, Simple Start, Essentials and Plus, with each edition offering additional functionality. QuickBooks Online offers the same functionality across multiple business types, so users would need to choose 'nonprofit' when setting up QuickBooks Online in order to create the correct default chart of accounts, which includes accounts such as Pledges/Donations Receivable, Gift-in- Kind, Membership Dues, etc. Additional accounts can be added in QuickBooks Online if desired. Not a true fund accounting system, users can create custom accounts if they need to track a fund or two, but the program would quickly become cumbersome if more complex tracking were required. Like all QuickBooks products, multiple transaction types such as bill payment, receivables tracking, donor/ customer pledges, vendor management, and regular journal entries are easily processed. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12347680 www.serenic.com Serenic Navigator from Serenic Soft- ware is a comprehensive software prod- uct best suited for mid-sized to larger nonprofit organizations, government entities and NGOs. Serenic Navigator is available in three deployment options; On-premise, Hosted via a subscription, or through Microsoft Cloud Services. Powered by Microsoft Dynamics NAV 2016, Serenic Navigator offers a fully customizable chart of accounts, where users can utilize up to 110 alphanumeric characters. The chart of accounts can include up to 10 primary dimensions. Users can also set up an unlimited number of additional dimen- sions to create sub-ledger reports. The product handles a number of transaction types including estimates, obligations, payment processing, sales and use tax, regular and recurring jour- nal entries, automatic and electronic bill payment and track a variety of account types, funds, and classes. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12347678 www.tangicloud.com As the leading NAV pioneers since 1999, Tangicloud uses Microsoft Dynamics NAV as its ERP system in its new product which was launched in July 2016. Tangicloud Technologies utilizes the popular Microsoft Dynam- ics NAV platform in Tangicloud, a fund accounting suite of applications. Server options include Microsoft Dynamics 365, Microsoft Azure, or Microsoft SQL Server, which is used for both cloud or on-premise deployment. Users can use popular web browsers and also opt to connect to the application using Windows 10, Windows Mobile, or by using iOS or Android devices. Tangicloud is complete fund accounting, and offers an extensive selection of modules to choose from. Completely cloud accessible, Tangicloud offers a fully customizable chart of accounts that supports multiple dimen- sions, enabling users to track multiple funds easily. As a full suite of modules, Tangicloud easily supports multiple transaction types including fixed asset management, vendor management including both vendor requisitions and purchase orders, customer man- agement including invoicing, monthly statement generation, and automatic bill reminders to past due customers. Tangicloud also offers easily online bank reconciliation capability, as well as the ability to handle an unlimited number of funds including restricted, temporarily restricted or unrestricted funds as needed. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12347694 QuickBooks Online Nonprofit Version Serenic Navigator Tangicloud for Nonprofits and Government Read all reviews for NONPROFIT ACCOUNTING SOFTWARE online at: www.CPAPracticeAdvisor.com/12345902 5 2017 OVERALL RATING 4.75 2017 OVERALL RATING 4.25 2017 OVERALL RATING