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NFP
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Microsoft Dynamics
GP is
a very popular system with NFP organizations. Over 3,500 Not Profit
/ Associations already use
Microsoft Dynamics GP to control and manage their financials. Some
of the clients that we have helped implement systems in Houston include
Houston Endowment, Goodwill, Red Cross, The Houston Chapter of CPAs,
Houston Association of Realtors to name a few. Here is what one of
our Clients says about Microsoft Dynamics GP and The Progressive Group:
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Peggy Howell,
Controller, Houston Endowment Inc.
"For over 10
years Houston Endowment Inc. has used Microsoft Dynamics GP software. Microsoft
referred us to InterDyn Progressive when we needed to improve our existing
software applications and add new modules. Specifically, we were converting from
Dynamics GP Accounting DOS to Dynamics GP Dynamics, and from Best Fixed Assets
to Dynamics GP Fixed Assets. I was very impressed with InterDyn's knowledge of both systems, including the accounting
issues. I found their training classes and user group sessions to be
useful and informative. Our experience with IPG has been very good."
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Financial Reporting -Creating reports
that everyone can understand and delivering them
to the people who require them can be a daunting
task.
Microsoft for Analytics–FRx®
helps you master your financial reporting
processes with high-performance capabilities
that give you comprehensive, flexible,
presentation-quality financial and management
reports that are easy to create, distribute, and
use. Create reports using a “building block”
approach to ensure each report is built to meet
your needs, and take advantage of Web-enabled
reporting so that you can distribute reports and
other critical information to anybody, at any
time. Empower everyone—from the board of
directors to the staff accountants—with a full
understanding of funds, expenses, and financial
performance.
Excel
Budgeting -
One of the biggest challenges facing
not-for-profit organizations is solid budget
planning and management. Use Excel to develop
your budget and automatically load it into
Microsoft Dynamics GP. Careful
administration of both operating expenses and
cash flow are essential, not only for meeting
regulatory compliance, but also for
demonstrating the efficient use of resources to
secure future funding. With strong budget
planning and management capabilities, Microsoft
Financial Management helps position your
organization for excellent financial practice
and performance.
Encumbrance
Management - Microsoft Dynamics GP
Encumbrance Management—Staying
within budget is complicated by the need to
track encumbrances, an important task for
not-for-profits. Recording encumbrances serves
as a valuable aid for keeping expenditures
within budget because without proper handling of
encumbered funds, organizations run the risk of
overspending. Often, processes for
checking budgets against expenditures are manual
and time-consuming. With Encumbrance
Management, encumbered funds can be tracked
automatically, an activity that can help reduce
the risk of overspending on specific accounts
with automated messages. Also, it helps
ensure funds will be available when purchases
are made, providing immediate tracing upon
entering transactions and encouraging effective
cash planning and control.
Interfund Management -
. Microsoft Dynamics GP
Interfund Management
provides the confidence that accounts are
balanced and error free. Interfund
Management helps you manage multiple funds
across several projects accurately and
seamlessly, while saving employees valuable
time. Designed for organizations that require
the ability to transfer balances between funds,
Interfund automatically analyzes transactions
and makes adjusting entries without user
intervention. This helps reconcile fund
information and balance accounts, not only
helping to eliminate the potential for errors,
but also facilitating successful audits. In
addition, Interfund Management automatically
generates "Due To/Due From" transactions to
ensure that individual fund accounts remain
balanced in accordance with interfund practices.
To accommodate the unique reporting needs of
not-for-profit organizations, you can assign to
each fund a unique ledger account that provides
revenue, expense, and balance sheet reports; and
you can summarize funds as a whole within the
organization. In addition, you can edit reports
for verification prior to posting without
affecting the General Ledger, thereby making
financial results more accurate and accessible.
This kind of verification helps ensure effective
compliance with strict FASB reporting
requirements.
Grant Management -
Microsoft Dynamics GP
Grant Management
automates and helps streamline the grant
management process and lets you keep a closer
eye on daily transactions and expenditures.
Tight integration with Analytical Accounting
lets you easily create budgets for grants and
other transaction dimensions for greater insight
into your grants and funding sources. With Grant
Management, you will also be able to:
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Centralize grant information and help ensure
that it’s secure, accessible, and up-to-date
so that you can accurately track costs for the
entire life-cycle of a grant. |
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Focus
on grant performance and funding allocation,
instead of manually calculating amounts used,
by monitoring daily business transactions and
expenditures with automatic
Microsoft –Dynamics GP 4
warnings that notify you when you’ve exceeded
the budget or when transactions are allocated
outside of a grant timeline. |
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Help ensure compliance with regulations by
automatically tracking accounting transactions
to specific grant and programs, and allocating
costs based on grant and program budgets. |
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Manage grant information flexibly independent
of your organization’s fiscal reporting
periods and with the ability to distribute a
specific transaction to multiple grants,
projects, or both. |
Control Accounts -
Microsoft Dynamics GP
Control Account Management—Save
time and avoid human error by identifying the
proper distribution of Accounts Payable to
multiple control accounts, and eliminate the
need to reconcile reporting segments manually.
Review distribution of funds in a Summary Report
at the level of detail in which you are
interested. |
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