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ACS Financials vs MoneyMinder

MoneyMinder

8.2#1 in fund accounting softwareFrom $25 a year
Free planAndroidiOSWebmacOS
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What both publish

FactACS FinancialsMoneyMinder
Audit trailACS states that correcting a posted expense requires a journal entry, creating an audit trail, and that its controls cannot be altered.Yes
Founded19782003
IntegrationsGeneral Ledger interfaces with other financial modules and optionally with ACS Contributions and HeadMaster, and supports a Microsoft Excel interface.MoneyMinder connects with more than 12,000 banks and supports PayPal, Square, Stripe, and Venmo; other bank transactions can be imported from OFX, QFX, or QBO files.
PurposeACS Financials is a double-entry accounting system designed for churches that adheres to nonprofit accounting standards.MoneyMinder provides bookkeeping and financial management for nonprofits, volunteer treasurers, and small groups.

ACS Financials plans

  • ACS FinancialsPriced on request

MoneyMinder plans

  • Free EditionFree
  • MoneyMinder FREE EditionFree
  • Tax Form E-File: 8868 Extension$25 a year
  • Tax Form E-File: 990-N or 990-EZ$99 a year
  • MoneyMinder$299 a year
  • MoneyMinder Full Edition$299 a year

Pick ACS Financials if…

ACS Financials suits churches and nonprofit organizations that need fund accounting, budgeting, and financial reporting. ACS particularly describes its reporting and data storage as suited to medium, large, and mega-sized churches.

Pick MoneyMinder if…

MoneyMinder suits organizations that need bookkeeping and budgets organized by fund. It may be especially relevant to groups tracking grants or restricted funds and producing financial reports.

Charts they share