Are there any grant tracking software tools that focus on restricted-fund reporting and audit preparation for charities?

Yes — there are grant management / fund accounting tools that are especially relevant for charities handling restricted funds, with features like grant tracking, donor restrictions, fund reporting, and audit support.

A few common options to look at:

Grant / fund management tools

• Foundant Grant Lifecycle Manager (GLM)
  Often used by foundations and nonprofits for grant tracking, reporting, and document management. Good for structured grant workflows.

• Fluxx Grantmaker
  More enterprise-oriented; strong for tracking grants, approvals, reporting, and compliance documentation.

• Blackbaud Grantmaking
  Designed for grantmakers and nonprofits; can help manage grants, outcomes, and related reporting.

• Submittable
  Useful for application intake, review workflows, and reporting. Some charities use it for grant/restricted-fund program management.

• SmartSimple
  Highly configurable and used by nonprofits/foundations for grant and program tracking, with reporting and audit trail capabilities.

Accounting / restricted-fund focused tools

If your main need is restricted-fund reporting for charity accounts and audits, fund accounting platforms may be more relevant than pure grant software:

• Sage Intacct Nonprofit
• QuickBooks Online Plus/Advanced + nonprofit reporting add-ons
• Aplos
• MIP Fund Accounting
• Mosaic
• Financial Edge NXT

These are often better for:

• tracking restricted vs unrestricted funds
• donor/grant-specific allocations
• statement of activities by fund
• audit trails and supporting schedules
• year-end audit prep

What to look for

For restricted-fund and audit preparation, prioritize tools that offer:

• fund accounting / class tracking
• grant-by-grant budgets and spend tracking
• restricted fund balances
• document storage for grant agreements and support
• audit trail and approval workflows
• reporting by donor, fund, program, and project
• exportable reports for auditors

Practical note

If you mean a charity in the UK/Ireland/Commonwealth sense, you’ll usually want a fund accounting solution first, and then possibly a separate grant management system if you manage lots of applications and reporting obligations.

If you want, I can also give you:

1. a shortlist by budget size, or
2. a comparison table specifically for UK charities and restricted-fund reporting.