Fund Accounting and Advanced Allocations
for Nonprofit Organizations
With Fund Accounting software for Microsoft Dynamics 365 Business Central, nonprofit organizations gain dimensional general ledger and accounts payable automation, comprehensive fund tracking and billing, and automated nonprofit revenue recognition with end-to-end audit trails. And they get that all in a connected, cloud-based business management solution from Microsoft. With seamless integration into the productivity tools your organization uses day in and day out like Excel, Word and Outlook, your organization has a complete solution to help you in meeting your vision.
Fund Accounting enhances Business Central functionality, so your nonprofit organization can confidently meet the financial reporting requirements for all funds. And it helps make it easier to track and delineate funds set for ongoing operations from those with donor-specified intent while ensuring an audit trail for all allocated dollars and cents.
Get through audits quickly with less pain and lower cost
Improve rating and create more trust so more funds can be raised
Cut spend with a single cloud-based solution
Monitor financial performance
Make more profitable financial decisions
Access information anytime on any device
Connect your data with Microsoft (Office) 365
Go beyond your standard allocation process and track based on actual, statistical or templated data with Advanced Allocations. Actual posted expenses and other general ledger activity trigger allocation entries in real-time. Unlimited ad-hoc or monthly allocations can be set up using actual or statistical entries.
With Advanced Allocations, you can attain allocation journey entries synchronized with current activity based on key statistics and your preferred metrics, such as employee count, and/or based on pre-set templates. “Quick key entry” allocations provide fast and accurate allocation of expenses on documents and journals. Advanced Allocations allows the user to set up combinations of default G/L accounts and dimensions to be used on journals and documents to ensure greater accuracy and timeliness during data entry.