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FastFund Accounting

True fund accounting, grant tracking, budgeting, and FASB-compliant reporting.·araize.com

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FastFund Accounting is a cloud-based fund accounting module for nonprofits, offering true fund accounting, grant and program tracking, budgeting, and FASB-compliant financial statements. It includes a six-segment chart of accounts, bank integration, transaction import, recurring transactions, expense/revenue allocations, and 990 reporting, with an upgrade path to accrual accounting, accounts payable/receivable, and cost allocations. It is part of Araize's modular FastFund suite that also includes Payroll and Fundraising modules.

What it's for

Fund accounting for restricted and unrestricted fundsGrant and program trackingBudgeting by funds and grantsGenerating FASB-compliant and audit-ready financial statements990 nonprofit tax reportingBank integration and transaction importRecurring transactionsExpense and revenue allocationsAccrual-based accounting, accounts payable, and accounts receivableDirect and indirect cost allocations

Features 20

  • 990 reporting
  • Accounts payable (Premium/add-on)
  • Accounts receivable (Premium/add-on)
  • Accrual based accounting (Premium)
  • Audit trail for compliance
  • Bank integration
  • Board and audit-ready financial statements
  • Budgeting by funds and grants
  • Cash based accounting
  • Direct and indirect cost allocations
  • Expense and revenue allocations
  • FASB-compliant financial statements
  • Grant and program tracking
  • Multi-user access add-ons
  • Project tracking
  • Recurring transactions
  • Restricted and unrestricted fund tracking
  • Six segment account number chart of accounts
  • Transaction import
  • True fund accounting

At a glance

free trial
TypeWeb app
DeploymentCloud
PlatformsWeb
Fornonprofits, human & community services organizations, arts & culture organizations, faith-based organizations, education organizations, health & wellness organizations, foundations & grantmakers, associations, animal welfare organizations
CompanyAraize, Inc.

Pricing

Accounting plans start at $50/month (Standard) and $110/month (Premium). No long-term contracts; monthly billing with cancel-anytime. Add-on features (AP, AR, cost allocations, purchase orders, fundraising bundle, extra user seats) are priced separately per month.

Standard$50/mo

Cash Based Accounting, Fund Accounting, Six Segment Account Number, Budgeting, Project Tracking, FASB-Compliant Financial Statements, Bank Integration, Transaction Import, Recurring Transactions, Expense and Revenue Allocations, 990 Reporting

Premium$110/mo

Labeled 'Best Value' on the pricing page.

Last checked 20 days ago·