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Posts Tagged ‘not for profit’

Real World Example: Not For Profit Flourishes with Microsoft Dynamics GP

During the early 2000’s a non-profit tourism organization was struggling to manage their business and gain a real understanding of their finances and labor costs. They knew their archaic software system needed to be replaced by a robust ERP system that would afford them all of the functionality they had been sorely needing. After researching […]

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Easily Subdivide Grants and Allocate Expenses Accurately

Putting in the time and effort to apply for federal grants is no small task so once you are awarded a grant, you don’t want to jeopardize that funding. Having the right systems in place prior to receiving a grant is vital, especially if you don’t want to have to track and allocate all of […]

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Everything a Not-For-Profit Needs to Know About Affordable Care Act Reporting

Time is running out for not-for-profits to determine how they will report information for the Affordable Care Act (ACA). Many not-for-profits are at a higher risk for ACA penalties because they employ many part-time, seasonal or low-wage workers. Any organization that has 50 or more full-time equivalent employees must report to the IRS or face […]

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How a Not-for-Profit Can Gain More Financial Support

The goal for every not-for-profit is to increase the financial support of donors, and at the very least, maintain the current level of support. Numbers matter and donors want to see how their money has impacted your mission. Key steps to gaining financial support include: Generating an annual report that includes financial charts, statistics and […]

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Finding New Donors with Your Current Information in Dynamics GP

The financial support of donors is critical to your nonprofit’s continued success. While retaining current donors is less expensive than gaining new, you can’t rely on your current pool of donors to sustain your organization indefinitely. Finding new and loyal donors is a challenge for any nonprofit and is not only time-consuming but expensive. One […]

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Dickinson State University Audit Proves What Not to Do

Dickinson State University has been making headlines recently, and not for good reasons. The North Dakota attorney general, Wayne Stenehjem, announced that his office is filing a motion that would force the Dickinson State University Foundation into receivership. This could lead to a third party being appointed to oversee the assets of the Foundation. The Foundation […]

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Software for the Not For Profit Employee Who Does Everything

You can tell almost immediately if someone works for a not for profit agency because they know a little (or a lot) about everything. Even though their job title is Accountant they may also be in charge of HR, payroll, audits, taxes, or hiring. Nonprofit employees are dedicated to their mission, even though they can […]

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Simplified Grant Reporting and Analysis for NFPs

Do your project and financial teams spend much of their time manually managing grants?  Wouldn’t it be better for them to spend their time demonstrating the effectiveness of the funds on fulfilling your mission? Efficiently track grant obligations to ensure that needed reports are filed on time and funds received are spent effectively. The issues […]

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Microsoft Dynamics GP Interfund Management – It’s Not Just For Non-Profits

It's true, typically non-profit organizations use Interfund Management but this example demonstrates how other companies are using the functionality. The Intercompany functionally in Microsoft Dynamics GP allows for the allocation of transactions such as payables invoice expenses, across multiple company databases while automatically creating the corresponding Due To/From  transactions. However, this can also be accomplished within […]

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25 Questions to Assess Your Financial and Membership Management Systems

A new Membership and Financial Management Solution Early Assessment Worksheet from BroadPoint Technologies can help Not for Profits and other membership based organizations do a self-check of their current systems.

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