2012 Review of Sage 100 Fund Accounting

From the Nov. 2012 Review of Nonprofit Accounting Systems.

Best Fit: Sage 100 Fund Accounting (formerly Sage MIP Fund Accounting) is well-suited for mid-sized nonprofit organizations and government entities that require extensive budgeting and grant management capability. Sage 100 Fund Accounting is a comprehensive financial software product designed specifically for nonprofit organizations and government entities. Sage 100 Fund Accounting offers complete financial and grant management capabilities. Modular in design, Sage 100 Fund Accounting is a scalable product that can be enhanced with the addition of add-on modules at any time.

Strengths

• Available as a desktop or Cloud-based system
• Excellent selection of system modules
• Single user edition available for smaller nonprofits
• Excellent system customization capability
• Excellent grant management and fundraising capabilities

Potential Limitations

• System setup will require up-front time
• Costs can escalate depending on number of users and modules required

BASIC SYSTEM FUNCTIONS: 5 Stars
Sage 100 Fund Accounting can be installed as a desktop product or as a hosted solution, that can be accessed anywhere. The Sage 100 Fund Accounting user interface has been updated, providing users with better flexibility and more options, including the choice to set up links to system functions.

Workflow diagrams and related tasks make system navigation easy, with each module featuring its own workflow diagram. Below the flow chart is a list of related tasks, and a tool bar at the top of the screen provides quick access to system functions.

Users can easily customize navigation screens to suit their use. Sage 100 Fund Accounting data entry screens are user friendly, and all include the necessary look-up options. To the left of the screen is a complete list of system modules. To the right, users can set up help and other links as needed. Additional tabs are found in all data entry screens, making it easy to go from function to function.

Sage 100 Fund Accounting contains an impressive number of modules, including AP, Accounts Receivable Reporting, Accounts Receivable Billing & Sales Order, Advanced Security, Allocations Management, Bank Reconciliation, Budget, Data Consolidation, Data Import/Export, Direct Deposit, Electronic Funds Transfer for AP, Electronic Requisitions, Employee Web Services, Encumbrances, Executive View License, Fixed Assets, Forms Designer, GASB Reporter, GL, Grant Management, HR Management, Inventory Control, Multicurrency, Payroll, Purchase Orders, Scheduler, and Visual Analyzer.

The amount of modules available as well as the addition of a single user system makes this Sage 100 Fund Accounting extremely scalable.

Core NFP/Fund Accounting Capabilities: 5 Stars
Sage 100 Fund Accounting offers a flexible chart of accounts that allows users to utilize an unlimited number of segments. The table-driven structure saves time when setting up multiple grants and funds. Sage 100 Fund Accounting easily handles multiple transaction types including setting up recurring entries, allocation entries, encumbrances, as well as standard posting entries such as cash receipts and budget entries.