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Home » Products » Government » Modules
For mission-based organizations,
every resource is critical. That’s
why FundWare built intelligence
into its General Ledger (GL) module – to
provide organizations daily assistance
in efficiently maximizing their accounting
data and the knowledge it contains.
with FundWare’s
GL, you’ll no longer constantly struggle
to make your GL fit the way you work. Because
it was built specifically for mission-based
organizations, the FundWare GL has
all the features you need – features
you’re not likely to find in packages
designed with for-profit entities in mind.
These features include multi-year reporting,
online budget control, advanced security
and more.
And, since the GL is the core
of any accounting system, you can be sure
it will integrate seamlessly with Other FundWare modules as well as many other software
systems to provide a complete and centralized
financial management tool. It’s also
easy to get up and running on FundWare’s
intelligent GL as it uses a familiar Windows-based
interface and navigation system.
Table-Driven Chart of Accounts
FundWare’s intelligent GL starts with a table-driven chart of
accounts that enables three-dimensional (3D) account structures containing:
- Transactional Data – The
information keyed on every line of every
transaction.
- Categories and Groupings (“Attributes”) – Financial
groupings to facilitate reporting.
- User-Defined Fields (“Data
Items”) – Additional fields
for tracking financial or non-financial
information, such as grant ending date
or number of clients served, to be integrated
with financial information for better
reporting.
Our GL’s 3D structure
means you only need to work with the set
of numbers that are essential to the task
at hand – and not the entire account
number. When entering data such as a project
or function number, simply use the transactional
component of the account number and our intelligent
GL will make note of any corresponding Attributes
or Data Items for future reporting or analysis.
Other benefits of the table-driven chart
of accounts include:
- Account Builder – This
built-in assistant is another example of FundWare’s intelligence. The
Account Builder helps create valid account
combinations to assist you in building
your chart of accounts and to eliminate
errors at the data entry level. The Account
Builder also makes it easy to add new functions,
programs or grants as your organization
grows.
- Access – Your
data will never be more than a few keystrokes
away. Drill down from the account number
to transaction history for details, or
print easy to understand information grids
as instant reports.
Flexibility and Customization
Another intelligent feature of the FundWare GL is it remembers your
preferences. Customization options include:
- Home page – Each
time you enter the GL module, you’ll
be greeted by a home page that can be set
to monitor key data of your choosing such
as the balance of a cash account. You may
also create a task list that will highlight
items to remind you when they’re
overdue.
- Grid View – The
grid view enables each user to sort columns
in priority or hide those that are unnecessary
to their job function, or rarely utilized.
- Data Entry – Each
user may also select single or double columns
for journal entries. Plus, users can perform
data entry using the mouse, 10-key style
or a combination of both.
Intelligent Functionality
- Reporting – Fast,
accurate reporting to a variety of audiences
is critical to every not-for-profit and
governmental entity. Starting the very
first day you login to FundWare,
you’ll have access to a Report Manager
with more than 60 built-in reports, populated
with your data. These templates cover a
wide variety of needs, including FASB 116/117
reporting requirements. with FundWare,
you can create comprehensive, custom reports
for any audience, crossing any time period.
Examples include reports grouping financial
information by program type, fund type,
grant or contract type or manager.
- Complete Audit Trail – FundWare includes a highly visible audit
trail that is also easily accessible. Simply
sort any column to see what was entered,
when and by whom.
- Flexible Year-End – with FundWare, you can easily close revenues
and expenses to multiple equity accounts,
reopen previous years for audit adjustments
and perform final close.
- Security – The
GL contains some of your organization’s
most sensitive data.FundWare provides
individual employee and workgroup security
features to ensure that all access levels
are authorized. You may also maintain unlimited
open periods and fiscal years asFundWare security features allow you to
specify valid posting periods.
- Online Budget Control – Proactively
manage your budget online with real-time
information. Regardless of number of users
or locations, you can rest assured that
information inFundWare is always
up to date.FundWare also takes
budget control one step further by enabling
you to determine what fixed amount or percentage
may be spent by each user or group. Once
these amounts are close to being reached
warnings are issued, or if amounts are
exceeded the system locks to prevent overspending
until further authorization is received.
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