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Why Non-Profits excel with Acumatica Nonprofit Accounting Suite

Acumatica nonProfit Suite

Acumatica's NonProfit+ Suite is a business management software engineered with nonprofits in mind. It enhances the cloud ERP experience, providing the unique functionality required to run a successful nonprofit organization. Delivered on the powerful Acumatica platform, the NonProfit+ Suite brings the following key benefits:

  • Fund Accounting: You can easily track revenues with purpose restrictions against the expenditures made for those purposes. Our Fund Accounting module allows you to bring balance to funds and maintain accounting integrity between defined dimensions.

     Fund Accounting

  • Restricted Funds Management: Properly define funds and eliminate commingling of cash. NonProfitPlus provides the ability to define and manage how cash is received and expended without over-complicating the data entry process.

     Restricted Funds Management

  • Grant Management: Managing grants is an afterthought in most accounting software systems. We engineered our product to allow you to manage, track, and report on grants, even if the grant life supersedes the financial year.

     Grant Management

  • Encumbrance Accounting: NonProfitPlus understands your need to reserve funds to fulfill a future obligation. You are able to record these obligations at the time they are foreseen, even if the services haven’t yet been rendered or the billing hasn’t taken place.

     Encumbrance Accounting

  • Budget Checking: All nonprofit organizations are required to operate within board approved budgets. Once budgets are created, they can be released into Acumatica and configured to notify users when an over-budget scenario occurs. The Budget Checker tool is available on all data entry screens to allow users to see what the full impact will be on their current transaction.

     Budget Checking

  • Enhanced Audit Trail: Acumatica Cloud ERP gives you a complete audit trail that stretches across all modules so that you can understand who, when and where transactions were entered and approved.

     Enhanced Audit Trail

  • Board Management
    Engage your leadership to raise financial awareness
    Imagine arriving to a routine board meeting and jumping right into a productive conversation about the success and direction of your organization. Our Board Management Solution gives your board members 24/7 access to specific data that you find relevant concerning budgets, restricted funds, staffing, etc. NonProfitPlus allows you to effectively communicate with board members before taking a seat at the table, granting your leadership time to discuss what really matters.

  • Volunteer Management
    Report and track volunteer contributions to secure additional funding
    People are the beating heart of every nonprofit and often these people are passionate volunteers. Although it can seem like an extra task to do, every nonprofit should be tracking and reporting on volunteer hours. Not only does this allow you to recognize and appreciate your volunteers, but you will be able to prove your effectiveness and meet donor requirements for matching funds along with being GAAP compliant. GAAP specifies two rules for recording volunteer service. Our Time Card and Time Tracking will allow you to easily track volunteer time and produce accurate reports to be used for requesting additional funding.

Nonprofits like yours who have found success with Acumatica

 

    

 

For more information on this and other solutions, visit our website, or call us at 516-867-6752.

 



IDT Team

Integrated Data Technology is a leading solution provider in New York. Specializing in Business Management and ERP solutions, we identify key technologies and their impact on present and future business practices to help improve our clients productivity and profitability.



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