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Fund Accounting Systems Roundup

accountingAccounting terms like general ledger, budget and financial reports might not send shivers of delight up your spine, but they also shouldn’t cause a shiver of dread. A good fund accounting package has everything you need to track the financial aspect of your organization, so your staff can focus on your mission.

Your organization should look for a fund accounting package that can grow with your organization and it should be customizable so you can have the exact tools you need.

AccuFund for Non-profits
AccuFund for Nonprofits is a cloud-based package includes the standard accounting features like general ledger, financial reporting, accounts payable, cash receipts and bank reconciliation. You can also get modules for fixed assets, human resources, payroll and grants management.

Intacct fund accounting offers your organization flexibility; it is accessible via PC, Mac, iPad, or smart phone, making it perfect for organizations with multiple locations. It can also handle multiple entities and currencies. Intacct offers you the ability to automate workflows to improve productivity.

Financial Edge NXT
Blackbaud’s Financial Edge NXT is an accounting solution for nonprofits. Standard financial tasks like receivables, payables and general ledger are included, but it also it also includes a way to manage grants, streamline the workflow and do drill-down reporting.

Abila MIP Fund Accounting
Abila is a configurable fund accounting solution that offers the standard accounting features; general ledger, accounts payable/receivable and bank reconciliation. Additional features include an advanced reporting module (with DrillPoint). MIP lets you track spending against planned budget, and they have enhanced security by masking both employee and vendor Social Security Numbers.

Microsoft Dynamics for Nonprofit Organizations
Nonprofits use Microsoft Dynamics for both financial and member information. Dynamics can integrate data from disparate systems such as finance and other programs. Microsoft Dynamics for nonprofits automates business processes, including funding and donor management.

FastFund Online by Araize
Cloud-based FastFund Online is a single database structure that helps you eliminate duplicate entries. FastFund offers accounts payable, accounts receivable, cost allocations, fund raising and payroll.

CYMA Not-For-Profit Edition Modules
CYMA has a general ledger with automatic fund balancing, grant tracking, and complete FASB117 reporting. It also includes modules for accounts payable, accounts receivable, bank reconciliation and general ledger.

Open Systems TRAVERSE NFP Fund Accounting Software
An integrated scalable system with general ledger, accounts payable and payroll modules Open Systems has a general ledger lets your do divisional and departmental accounting functions. You also log recurring entries, generate audit trails, and create custom financial statements.

Cougar Mountain FUND Accounting software
Cougar Mountain helps you do donor tracking and grant management. It also offers a 5-year fiscal calendar, and budgeting tools. Cougar Mountain has an at-a-glance dashboard and customizable charts and graphs.

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