The Non Profit Industry
Non Profit Plus powered by MYOB Advanced is a commanding addition to the award-winning financial suite of MYOB Advanced. Providing functionality specific to not for profits and non government organizations including fund accounting, encumbrance processing, grant management and . This enables Non Profit Plus to be the choice of executive directors and chief financial officers when selecting to carry their organization into the future.
Non Profit Plus has gone through great pains to ensure and provide functionality to define and manage the proper distribution of transactions entered on a daily bases and the elimination of commingling of cash for restricted Fund use without over complicating or hindering the data entry process. Funds are automatically self-balancing based on system definition while maintaining Accounts Payable and Accounts Receivable control account details by fund. Over budget messaging is a standard and definable option within the system.
Utilizing the inherent strength and depth of MYOB Advanced’s querying and dashboard capability provides graphical presentation of captured information instantly by user; enabling each user to react and accomplish tasks assigned or needing to be performed.
Grant management defines the ability for an organization to track grants (pure sense of the definition) or other funding sources where specific reporting or presentation of information will assist in better managing the flow of data within the system. This can be accomplished by defining and tracking of the data within organizations fiscal year or outside and beyond the organizations fiscal year (ex) 22 month expenditure statement report with actual, encumbered, budget and remaining budget by funding source.