Highlights : About Exact Globe Next Software
Accounts Payable
Monthly Processing
Budget Preparations
Payroll
Cash Receipts/General Journal
Cutdown General ledger
Product Details
Features
Accounts Payable
Monthly Processing
Budget Preparations
Payroll
Cash Receipts/General Journal
Cutdown General ledger
Security
Benefits
GMS software is designed to handle activity accounting. It is not a remake of a commercial accounting package or an adaptation of a job costing system. It was created and written specifically to account for grants, contracts, and activities.
Your organization will comply with FASB 116 and 117
Your organization will comply with FASB 116 and 117 (the Financial Accounting Standards Board requirements that all nonprofit organizations follow).
You will be able to account, report and monitor budgets
You will be able to account, report and monitor budgets for multiple grants and contracts even if they have differing funding periods.
Automatically handle important cost allocation issues
You will have choices on how to automatically handle important cost allocation issues – for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools. We provide you a variety of ways to comply with all major OMB Circulars.
Your organization will be easier to audit.