Sage 100 Fund Accounting Software


 Sage 100 Fund Accounting Software

Sage 100 Fund Accounting, known as Sage MIP, is preferred by nonprofit organizations and government agencies to manage budgets and plans; maximize grants and endowments, expound human resources management, create financial and analytical reports. An award-winning financial management business solution, Sage MIP serves more than 32, 000 nonprofit organizations and unique government agencies in North America region for a reputable 30 years of service for not-for-profit organizations.
Functionalities and modules of Sage 100 Fund Accounting give a leeway to business managers, financial executives, and organization units to customize and personalize settings to fit their current needs and demands. As organizations grow and expand, there are available modules and functionalities that can be easily added to meet internal and external changes.
Sage 100 Fund Accounting offers organizations the mastery of critical accounting tasks espoused in the stringent financial reporting requirements. The business solution allows tracking of multiple funds scattered in numerous budget periods to ease administrative tasks in preparing financial reports that comply with FASB, GASB, and other reporting standards for nonprofit organizations.
Modules for accounting standard elements, including accounts payable and receivable, grants or endowments are available in Sage 100 Fund Accounting to streamline financial operations for easy recording and tracking. Visual analyzer, graphics analyzer, fund schedules, and employee services are part of more specialized modules available in the Sage 100 Fund Accounting. Human Resource Management and Employee Web Services leverages efficient integration of online employee HR records to the automated payroll system in updating workers’ timesheets and other documents.
Years of leading the industry have provided Sage 100 Fund Accounting advanced management tools in monitoring financial records and reports. Collaboration of tracking, online budget checks, changes of entries to budget impacts, and budget planning have provided Sage 100 Fund Accounting greener and better pasture beneficial to business key players.
Through Sage 100 Fund Accounting’s powerful Drill-Down Analyzer, reports on individual transactions are not necessary to review balances of funds. It gives business management a closer look of each transaction and how each affects the balances of funds. In the same manner, Executive View allows financial executives, and business unit heads to collaborate with financial staffs in the budget preparation process easing accounting staff in preparing individualized reports for each transaction covered in every fund balance.
In perspective, Sage 100 Fund Accounting is a complete, comprehensive and reliable financial management solution to integrate daily and common tasks within the organization aimed to speed up the production of accurate reports customized according to government regulations, grant and reporting requirements. Aside from satisfying external auditors for accountability and transparency of nonprofit organizations, Sage 100 Fund Accounting keeps internal budgeting, forecasting, and planning in high regard to foster smarter decision making.
Sage 100 Fund Accounting is available for license purchase or host licensing of up to 5,000 installs in a single network. Basic platform requirement includes Windows and SQL Database. Sage 100 Fund Accounting supports training implementation services with option to get online support from regional Sage’s network.