FastFund Accounting
FastFund Accounting: A grant-focused accounting system with fund reporting and a clear monthly entry tier. Ranked #5 of 25 in Nonprofit Accounting Software by our editors (9.0/10); pricing: Paid; best for established nonprofits managing grants and restricted funds.
At a glance
- Editor score9.0 / 10
- PricingPaid
- Best forEstablished nonprofits managing grants and restricted funds
- Free planNo
- Paid from$50/mo
- Fund accountingYes
- Founded1984 · Chapel Hill, North Carolina, United States
- Facts checked19 Sep 2026
Where it wins
- Tracks restricted, unrestricted, grant, program, and project activity
- Budgets and reports across grants, departments, programs, and funds
- Maintains user and IP-based audit trails for data changes
Where it doesn't
- Standard uses cash-based accounting; accrual accounting requires Premium
- Accounts payable, receivable, and direct cost allocations require Premium
- Bank integration is listed for Plaid only
Our verdict on FastFund Accounting
FastFund Accounting is cloud-based nonprofit accounting software from Araize, aimed at organizations that need fund-based financial management, especially established nonprofits managing grants and restricted funds. It separates fund balances and financial statements, tracks grant, program, and project activity, and supports FASB-compliant nonprofit statements. Its reporting spans funds, programs, grants, departments, and projects, while functional expense classification distinguishes programs, management, and fundraising. The web product can also be part of Araize’s broader FastFund platform, which includes payroll and fundraising modules.
Grant management is a central strength rather than an add-on: organizations can track grant revenue, expenses, budgets, reimbursements, and reporting, and budget by grant, department, program, or fund. Recurring and reversing journal entries, custom financial statements, and budget reports add flexibility to routine accounting and oversight. Bank integration and reconciliation are included, with Plaid named as the integration. A user and IP-based audit trail records entered, edited, and deleted data, which supports review of changes. Nonprofits seeking grant-level visibility and fund reporting may find this breadth a closer fit than a general accounting tool.
The monthly plans make the accounting trade-off clear. Standard costs $50 per month and includes cash-based accounting, fund accounting, budgeting, project tracking, FASB-compliant statements, and bank integration. Premium costs $110 per month and adds accrual-based accounting, accounts payable, accounts receivable, and direct cost allocations on top of Standard. There is no free plan; the official site advertises a free trial, without a stated duration. Organizations needing accrual accounting or those additional transaction workflows should budget for Premium. Smaller nonprofits wanting only simple bookkeeping may find the grant and fund capabilities more than they need; those needing them can choose between cash-basis coverage and Premium’s accrual features.
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FastFund Accounting pricing
All 2 FastFund Accounting plans and prices →
FastFund Accounting fact sheet
| Free plan | No |
|---|---|
| Paid from | $50/mo |
| Fund accounting | Yes |
| Restricted-fund tracking | Yes |
| Budgeting | Yes |
| Financial reports | Yes |
| Grant tracking | Yes |
| Audit trail | Yes |
| Deployment | Cloud |
| Platforms | Web |
| Integrations | 1 integrations: Plaid |
| Pricing | Paid (source) |
| Website | araize.com |
| Facts checked | 19 Sep 2026 |
FastFund Accounting integrations
FastFund Accounting lists 1 integrations on its own site.
- Plaid
Alternatives to FastFund Accounting
- Blackbaud Financial Edge NXTA control-focused nonprofit finance system with fund, grant, project and endowment accounting.9.4
- Intuit Enterprise Suite for NonprofitsA configurable accounting and ERP suite for nonprofits managing funds, grants, and multiple entities.9.3
- NP LedgerBroad nonprofit accounting, from fund reports and grants to donor records and Form 990 workflows.9.2
See all FastFund Accounting alternatives →
FastFund Accounting vs the competition
- FastFund Accounting vs Blackbaud Financial Edge NXT
- FastFund Accounting vs Intuit Enterprise Suite for Nonprofits
- FastFund Accounting vs NP Ledger
- FastFund Accounting vs Aplos
- FastFund Accounting vs LineLedger
- FastFund Accounting vs Fund EZ
Compare FastFund Accounting with any tool side by side →
Also Ranked In
FastFund Accounting is ranked in 2 of our directories.
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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