HIGHLIGHTS

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KEY BENEFITS

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  • Maintains A/P and A/R control account balances

  • Automatically process Due To/Due From transactions

  • Process and maintain Encumbrances through Purchasing and Requisition

  • Realize enhanced focus on Budget integrated functionality

  • Define Fund’s type as Restricted, Temporary Restricted or Unrestricted.

  • Define Fund’s specific AP and AR control accounts and subaccounts.

  • Define Fund’s cash account usage.

  • Report on grant activity by organization fiscal year and grant defined life.

  • Maintain budgets for grants based on life of grant.

  • Manage sponsors/benefactors including contacts and funding commitments

NonProfitPlus

The nonprofit accounting software, which makes a difference by providing the following key nonprofit features: Fund Accounting, Encumbrance Processing, Fund Management, and Grant Management.

KEY FEATURES

Fund Accounting Self Balancing Funds is a distinct feature of NonProfitPlus; extending to the AP and AR control account activity including taxes, if applicable, and the processing of due to / from entries. Setup enables flexible options to meet each organization's specific needs.
Encumbrance Processing Recording expenditures is a common functionality in ERP systems, but Encumbrances enables the recognition of the expense commitment at the time of the entry of the purchase obligation. Utilize Funds Available Notification to stay within budget and eliminate surprises.
Fund Management Fund Management will assist the organization in: defining the Fund's type, the Fund's defined use of cash, the availability of chart of account use, the availability of sub-account use, and specific definition of usable AP and AR control accounts. The goal is eliminate commingling of cash issues and user distribution input errors.
Grant Management A grant within NonProfitPlus is treated as an entity with its own life span. Activity of a grant accumulates from all supporting modules with the following features: define as a grantee or grantor, reporting that moves beyond the limits of an organization's fiscal year, manage sponsors/benefactors with contacts, as well as develop and manage budgets.

FUND MANAGEMENT

  • Define fund for unrestricted, permanent restricted, and temporary restricted
  • Define account and sub-account usage for fund through list, mask, specific, and no restriction
  • Define AP control account and sub-account, AR control account, and sub-account and cash account specific to fund
  • Definition allows for the elimination of commingling of cash between funds as defined
  • Definition allows for control of entry and processing to maintain accounting integrity of fund

GRANT MANAGEMENT

  • Manage multiple budgets by grant in summary or detail
  • Manage multiple sponsors/benefactors with schedule of payments and contacts
  • Reporting grant actual, committed, and budget activity with the following deliverables: period-to-date, year-to-date, grant-to-date, total budget, and variances based upon each grants life.

INDUSTRIES SERVICED

  1. Government Agencies

  2. Education and Universities

  3. Municipalities

  4. Non Government Organizations (NGO’s)