"While the mind looks for proof, the heart looks for engagement. While the mind looks for information, the heart looks for passion. While the mind looks for answers, the heart looks for experience. The mind makes a decision, and it’s the heart that makes a commitment.”Terry Pearce (Founder of Leadership Communication)

"When the heart decides to engage NP Solutions, the pulse of our company will be immediately evident."Michael Golub (Founder of NP Solutions)

Fund Accounting Software for Educational Institutions

 

EDUCATIONAL INSTITUTIONS, in California for example, are mandated by the (CDE) California Department of Education to adhere to SACS (Standardized Account Code Structure) or the Alternative Form, and in some instances provide for PERS (Public Employees Retirement System) and STRS (State Teachers Retirement System) reporting.

FUND ACCOUNTING software must also address fund allocations and balances for clubs, student associations, athletics, and scholarship administration. Because many educational institutions receive state and federal grants they must also have cross fiscal year reporting capabilities.

FUNDRAISING and the importance of fundraising to supplement state and federal grants, is often overlooked or downplayed with educational institutions. Targeted campaigns for specific events not only ensure increased revenues, but provide a greater sense of community relations.

NEXT STEP
Learn more about Sage 100 Fund Accounting – non profit accounting software for Educational Institutions.