Accounting
Aplos Releases New Nonprofit Fund Accounting System
Advanced Accounting includes features for nonprofits to manage budgets for each of their designated funds, enabling tight controls for managers. Organizations can also build custom reports by department, campaign, project or custom segment.
Mar. 29, 2016
Nonprofit accounting software maker Aplos Software has released it’s new Aplos Advanced Accounting, a comprehensive fund-based financial system for organizations with sophisticated accounting needs.
Advanced Accounting builds on the company’s standard financial system which is used by 14,000+ organizations worldwide. Among other enhancements, Advanced Accounting offers more extensive reporting and analytics capabilities, making it ideal for organizations that want greater visibility into the health and performance of specific departments, campaigns and projects.
“As nonprofits and churches grow, their financial management requirements become more complex,” says Tim Goetz, CEO of Aplos Software. “The obligation to track income and expenses at a granular level, and to share data with key stakeholders, increases. We built Advanced Accounting so they can slice-and-dice data easily, and understand in real-time exactly how their organization is performing, down to the smallest details.”
Advanced Accounting includes features for nonprofits to manage budgets for each of their designated funds, enabling tight controls for managers. Organizations can also build custom reports by department, campaign, project or custom segment. This can help nonprofits track the finances of each program, monitor the health of multiple sites, or share department financials with managers. Aplos also makes it simple for organizations that have multiple entities to manage multiple books and create roll-up reports.
“The people who are responsible for ensuring the health and performance of nonprofit organizations know what they need from a data perspective in order to grow and succeed and demonstrate stewardship to their board and supporters,” says Goetz. “We are thrilled to put that intelligence at their fingertips with Aplos Advanced Accounting.”
Not just for nonprofits, Aplos Advanced Accounting is also ideal for churches. The flexible reporting segmentation equips multi-site churches to pull reports for each campus and departments or ministries across campuses. Churches could also easily manage the books of separate ministries or an on-site preschool.
Aplos continues to offer Aplos Standard Accounting for nonprofits that have simpler needs and desire more streamlined reporting. All versions of Aplos Accounting use true fund accounting that follow FASB and GAAP standards that meet compliance expectations of auditors. All Aplos users also enjoy the convenience of cloud-based software to share secure access with other users on any device. All users also have access to unlimited, free customer support by the award-winning support team.
Aplos Advanced Accounting starts at $120 per month for a single user or $200 per month for unlimited users. Organizations can request a free demo and consultation for how to customize their set-up to meet the reporting needs of their organization with an Aplos specialist at www.aplos.com.