As a not-for-profit organization
or government, a large percentage of
your cash receipts may come from sources
that are not invoiced.
Cash donations, grants, pledges
and other types of funding require accounting
that commercial applications have not been
designed to accommodate.FundWare’s
Cash Receipts module has been built from
the ground up to make these sources of cash
receipts easy to handle. Cash Receipts provides
an easy-to-learn interface that speeds data
entry and reporting. Users can view transactions
from an overall perspective, or drill down
to the smallest detail – from initial
receipt of the funds through deposit to the
bank.
Stand-Alone or Integrated Options
The Cash Receipts module functions in two
different environments – independently
or integrated with Accounts Receivable
(clients purchasing Accounts Receivable
receive Cash Receipts at no additional
cost). When used as a stand-alone module,
Cash Receipts may be used to process an
unlimited number and type of cash receipts
for which invoices have not, and will not,
be issued. This solution is perfect for
organizations that accept donations, pledges
or other spontaneous cash receipts. When
integrated with FundWare’s
Accounts Receivable module, both spontaneous
cash receipts and those applied against
outstanding invoices may be recorded with
ease, providing a complete invoicing and
cash management system.
Highlights
Drill down to detailed information
and receipt history, from entry to deposit.
Post
to the General Ledger and/or Project Grant
modules automatically with
user-defined “Revenue Codes.” This
allows you to easily distribute cash receipts
across funds or departments with a single
transaction.
Manage contact information effectively.
Simplify
your monthly reconciliation process.
Manage
and report on non-invoiced revenue with
an integrated deposit feature.
