Nonprofits are more complex than most businesses. Tackle these challenges with Fund EZ’s multi-segment chart of accounts. Print simple consolidated reports and detailed columnar reports. The flexible general ledger satisfies internal and external audit requirements.
Construct a multi-segment chart of accounts that reflects your nonprofit’s programs, projects, funding streams, departments, etc.
Budget by segment, track variances and unexpended amounts.
Keep unlimited fiscal years online.
Start processing a new fiscal year before closing the old one.
Provide complete audit trails and audit reports across companies.
Forced balancing business rules safeguard data integrity across the general ledger, subsidiary ledgers, and all other modules.
Print financial reports by segment(s), for any period, even crossing fiscal years.
Provide consolidations of segments in summary or columnar format.
Compare actual vs. budget for any segment, group of segments, or for the total company.
Create filters and sequences to report multiple segments back-to-back.
Easily ‘drag-and-drop’ accounts into grouped rows on financial statements to create totals, subtotals, and summaries.
Create cost report worksheets for 990’s and internal auditing.
Print a full set of ASU 2016-14 financial statements.
Drill down to data records from reports.
Create Excel spreadsheet reports with just a few clicks.
Can output reports to formats such as pdf, xlsx, etc.
Email reports in multiple formats.
Enjoy rock-solid transaction integrity, regardless of volume.
Create transactions from memorized items or from posted history.
Process cash basis transactions (bank deposits and manual checks).
Print cash basis checks in groups, not just one at a time.
Use the general journal for adjustments, bank charges, accruals, recurring entries, etc.
Close your books individually by module, or for the entire system.
Setup multi-currency to use in transactions and reports for international organizations.
Businesses rely on cash to operate. Reconcile cash daily with Fund EZ. Supports unlimited cash accounts. Split cash across funds and cost centers. Fund EZ bank reconciliations are the backbone of your financial statements.
Ease-of-use makes for quick reconciliations.
Real-time data linking allows for daily, weekly, or monthly reconciliations.
Manage many cash accounts independently and easily.
Clear items one at a time or in groups.
Reconcile accounts that are split across funds and cost centers.
Print multiple reconciliation reports from one screen.
Print the bank reconciliation in detail or summary.
Track cleared debits, cleared credits, outstanding checks, deposits in transit, and other adjustments.
Skip months if necessary, to save time.
Let Fund EZ auto-clear items necessary to reconcile your bank account in just a click of a button.
Import bank statements to allow Fund EZ to match and clear corresponding items.
Track receivables to avoid inefficiencies and lost revenue. Print reports suited to the situation (reminders, collections, audits, and analysis). Bill 3rd party funders for client groups and report by client or funder.
Manage clients, A/R invoices, cash receipts, and adjustments.
Allocate A/R invoices across your nonprofit chart of accounts.
Attach direct allocations to clients for automated account distributions.
Print A/R balance due reports that always agree with the A/R account balances on your books.
Manage multiple addresses for each client.
Create mail merge letters, labels, envelopes, and emails for clients.
Record cash receipts for multiple open bills on one selection screen.
Automatic credit memos reverse billing details upon selection.
Print client listings, invoice and cash receipt registers, balance due reports, and cash basis revenue reports.
Receipts by revenue report matches A/R cash receipts to revenue on related invoices.
Create up to 80 custom client fields using pull-down, yes/no, text, and date controls.*
Fully integrate with Fund EZ general ledger, client billing and Medicaid billing.
Record multiple cash receipts, including a combination of Cash Basis and A/R, in one place through Deposits.
A flexible design enables nonprofits to invoice clients and allocate revenue across your nonprofit chart of accounts. Accounts receivable and general ledger integration is seamless. Billings are easy to analyze and adjust. Send statements to selected clients with a simple checkbox interface.
Rapid client billing invoice processing.
Auto-create invoices from memorized items, posted history, or recurring invoices.
Type unlimited length memos with detailed explanations for each item billed.
Set manual or automatic client discounts.
Create invoices that contain sales tax with proper accounting for the tax liability.
Manage unit costs to four decimal places, and quantity sold to two decimal places.
Assign direct allocations to billing items for automatic revenue-splits during data entry.
Manually override chart of accounts assignments during data entry.
Auto-create A/R invoice numbers when invoices are printed.
Automatic billing adjustments insure proper reversals of G/L account data.
Mail statements to selected clients as reminders of amounts owed.
Email invoices to clients in order to save on time and mailing supplies.
Enter transactions via the batch posting module and post them later. Post batches after their transactions have been thoroughly reviewed and approved. Set security to disallow editing of posted entries.
Transaction batches can be edited freely, as need be, until they’re posted.
For control purposes, batch values are maintained in a control file and cannot be reused.
Managers can put batches ‘on-hold’ to prevent accidental posting.
Auto-create transaction batches from posted entries, memorized transactions, or other unposted batches.
Post batches one at a time or in groups.
Restrict batch posting with security privileges for only authorized users.