Fund Accounting/Budget Preparation
This intuitive yet powerful accounting system takes the complexity out of entering, maintaining, tracking and reporting detailed financial data. The combination of visually appealing data entry screens, well-defined user features, and quick access to on line help make data management easy.
Manage financial strategies with on demand, system compiled budget information, including actual current to budget position comparisons.
Distinctive functions:
- Online Batch System functionality provides authorized users with a view of financial transactions as entries are made, before posting. An edit list is available for previewing entries. Necessary corrections can be made without adjusting entries.
- Fund Accounting offers variable level account structuring, user-defined journaling, encumbrance accounting, audit trails, deferred revenue transactions, on screen inquiries and multiple reports.
- Check Reconciliation allows tracking of deposits, bank statement verifications, cash account maintenance, adjustments, check listings, inquiries, and mass reconciliation.
- Budget Preparation features are available for development of the next year's budget, using current and previous figures, actual expenditures, and what if scenarios without closing the old year. Prepare audits, allocations, worksheets, and extended budgets.
- Purchase Order control, with built in flexibility, helps users maintain, track and update vendor orders on the fly. Gain control of shipments to single or multiple locations including those with quantity variances. Post receivables in their entirety or by line item. Create supplier classifications.
- Reports can be output in standard and/or user-defined format, summary or detail, print form or on screen viewing.
- System Compliance adheres to government accounting standards.
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