Fund accounting, unified
The accounting platform built around how nonprofits actually work
Funds, grants, donors, and the board — Account Cloud Unity keeps restricted money restricted and your close on schedule.
- Fund-restriction enforcement
- Bank-grade encryption
- Multi-tenant by design
- US-based support
Everything your finance team needs, nothing they don't
Purpose-built for nonprofit fund accounting instead of a for-profit ledger with a nonprofit label bolted on.
True fund accounting
Track unrestricted, temporarily restricted, and permanently restricted funds with restriction rules enforced in the ledger, not just the UI.
Grants & compliance
Manage restricted funding sources end to end, with reporting deadlines and expiry tracking built into the workflow.
Donor & constituent CRM
One record per donor, household, or organization — with a self-service donor portal that never asks for a password.
Connected banking
Sync transactions directly from your bank feeds and reconcile against the general ledger faster.
Board-ready reporting
Statement of financial position, activities, and functional expenses by nature and function for Form 990 reporting.
Built for multi-entity
Each organization's data is isolated by design, with fiscal years that don't assume a calendar year.
Built for Nonprofits — and the Local Governments That Report Like Them
Nonprofits and local government both operate under fund accounting — tracking restricted and unrestricted dollars separately isn't optional, it's how GAAP and GASB require you to report. Account Cloud Unity handles ASC 958 net asset classification and Form 990-ready statements for 501(c)(3) organizations, and GASB compliance, fund classification, and ACFR reporting for municipalities, counties, and special districts — on the same platform, built for fund accounting from the ground up.
Get from spreadsheets to a real close in weeks, not quarters
- 1
Set up your chart of accounts
Start from a nonprofit-ready chart of accounts built around net assets, not equity.
- 2
Connect funds, grants, and banks
Bring in your restricted funds, active grants, and bank accounts in one guided setup.
- 3
Close with confidence
Every journal entry balances by fund, every mutation is audited, and every close is repeatable.
Nonprofit fund accounting, answered
What is fund accounting?+
Fund accounting tracks money by its restrictions instead of just its balance, so a grant that can only be spent on one program stays separate from unrestricted operating cash — automatically. It's how GAAP requires nonprofits to report, and it's different from the accounting most off-the-shelf software is built for.
Is Account Cloud Unity only for large nonprofits?+
No. There's a free plan for small and early-stage nonprofits that need a clean CRM without a financial commitment, and paid tiers that scale up as your funds, grants, and reporting needs grow.
Does it handle Form 990 and GAAP compliance?+
Yes. Your chart of accounts is built around net assets from day one, and board-ready statements — including functional expense reporting — are generated from the same data you use to file your Form 990, so your books and your return tell the same story.
Can it manage multiple grants at once?+
Yes. Compass tracks each grant from application through closeout, with spending monitored against budget in real time and compliance deadlines built into the workflow, so a missed report doesn't cost you next year's funding.
Does Account Cloud Unity work for local government, not just 501(c)(3) nonprofits?+
Yes. Municipalities, counties, and special districts use the same platform for GASB compliance, fund classification, and ACFR reporting, alongside 501(c)(3) nonprofits.
How is this different from QuickBooks or generic accounting software?+
General ledger software treats every dollar the same. Account Cloud Unity enforces fund restrictions in the ledger itself — not as a workaround or a custom report — so restricted money can't accidentally get spent as unrestricted, and your financial statements are audit-ready by default.
More nonprofit finance guidance
Practical answers to the questions nonprofit finance teams actually ask, from restricted funds to grant reporting to the annual audit.
How to Account for Special Event Revenue: Galas, Auctions, and the GAAP Rules Most Nonprofits Get Wrong
A $150 gala ticket isn't a $150 contribution. Special event accounting has its own GAAP rules for splitting exchange value from contribution value — and getting it wrong distorts your fundraising numbers and your Form 990. Here's how to do it right.
August 8, 2026 · 7 min read
Contributions vs. Exchange Transactions: Getting Revenue Recognition Right Under ASC 958
The same $50,000 check can be a contribution or an exchange transaction depending on what the funder gets back. Getting the classification wrong changes your revenue recognition, your net asset classes, and your audit. Here's how to tell the difference.
August 4, 2026 · 6 min read
Fund Accounting vs. Bookkeeping
Bookkeeping and fund accounting aren't the same thing. Confusing them is how restricted grant money ends up spent by accident. Here's the real difference.
August 3, 2026 · 4 min read
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We'll walk through your funds, grants, and reporting requirements together.
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