2018 3-13 Federal Funding - What You Don't Know Can Hurt You!
2012-05-16 NPO Grant Mngmt
1. Nonprofit Financial
Management &
Accounting Systems
Seminar
Raffa Technology
May 16, 2012
Thrive. Grow. Achieve.
2. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
AGENDA
• Challenges (Grants Management)
• Grants Management solutions
̵ Non-Financial Information
̵ Financial Information
• Demo (Intacct & Dynamics GP)
• Field Office Accounting
• Federal Reporting
NPO Acct. Systems/ Page 2
3. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
CHALLENGES - GRANTS
1. Financial Reporting – maintaining grant reports/ donor report
2. Tracking grant $ - maintaining large COA
3. Avoid over spending
4. Grant non-financial info – managing grant information
NPO Acct. Systems/ Page 3
4. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
CHALLENGES – FIELD OFFICE
1. People (Priorities/culture/authorities)
2. Technical challenges
3. Different Processes
4. Multicurrency
5. Different systems
6. Location
7. Support/ Financial Report
8. Documentation
NPO Acct. Systems/ Page 4
5. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
CHALLENGES – FEDERAL REPORTING
• Identify tools to assist with federal reporting
̵ Form 990
̵ Schedule of Expenditures of Federal Awards (SEFA)
̵ FASB 117
NPO Acct. Systems/ Page 5
6. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
SOLUTION – TRACK NON-FINANCIAL DATA
1. Intacct Project Accounting/ UDF
2. GP Grants Management/ Extender
3. SharePoint
4. Financial System
5. Custom application/ Database
6. MS Excel / Word
NPO Acct. Systems/ Page 6
7. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
INTACCT
• Dimension
• Project Accounting Module
DYNAMICS GP
• COA – Track grant activities through segment of COA
• Analytical Accounting (AA) – Overlay of COA
• Olympic – Use project to track grant transactions
NPO Acct. Systems/ Page 7
8. NONPROFIT FINANCIAL MANAGEMENT &
ACCOUNTING SYSTEMS SEMINAR
SOLUTION – TRACK FINANCIAL DATA IN GP
NPO Acct. Systems/ Page 8