FastFund Accounting
True fund accounting, grant tracking, budgeting, and FASB-compliant reporting.·araize.com
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
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
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.
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
Labeled 'Best Value' on the pricing page.