Chart of Accounts
Fund EZ offers two different chart of accounts structures to choose from:
- Standard chart of accounts
- Custom chart of accounts (requires Fund EZ Pro)
The standard chart of accounts accommodates most nonprofits. More complex organizations can create a custom chart of accounts. Both contain funds and cost center segments to track programs, projects, grants, funding sources, restrictions, departments, locations, etc.
Standard Chart of Accounts (fixed segments):
| SEGMENT | FINANCIAL STATEMENTS PROVIDED | MAX LENGTH |
|---|---|---|
| Fund Level | Balance Sheet / Revenue and expense | 4 |
| Account Level | Financial Statement Line Items | 6 |
| Cost Center 1 | Revenue and Expense | 4 |
| Cost Center 2 | Revenue and Expense | 4 |
| Cost Center 3 | Revenue and Expense | 4 |
| Total: 22 |
Custom Chart of Accounts (variable segments):
| SEGMENT | FINANCIAL STATEMENTS PROVIDED | MAX LENGTH |
|---|---|---|
| Fund level | Balance Sheet / Revenue and expense | 10 |
| Account Level | Financial Statement Line Items | 10 |
| Cost Center 1 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 2 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 3 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 4 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 5 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 6 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 7 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Cost Center 8 | Balance Sheet(Optional) / Revenue and Expense | 10 |
| Total: 100 |
There’s More to See
Fund EZ has been built around the needs of nonprofit accounting teams for decades. What’s listed here is only part of what the system can do.
Tell us how your nonprofit works, and we’ll show you how Fund EZ can help.