FastFund

FastFund Nonprofit Software is a fully integrated fund accounting system designed by Certified Public Accountants. Affordable modules include General Ledger, Accounts Payable, Accounts Receivable, Cost Allocations, Payroll and Fund Raising.

Handles the complex reporting requirements of multi-funded organizations. Designed to maintain separate financial records for each program. User definable chart of accounts using up to 6 segments to define funds, cost center and accounts (maximum account number - 36 digits). Powerful reporting capabilities produce custom reports to meet all your fiscal requirements including multi-year reports, budgets and reports that comply with FASB 116 and 117.

Standard features include:

• Automatic self-balancing funds with due to/from fund entries
• Budgets
• Detailed audit trails
• Point of entry and after the fact allocations
• Bank reconciliation and check writing.

Araize offers an unconditional 90 day money back guarantee and one-year of free 800 telephone support. Additional services include training, consulting, online support.

FastFund Accounting System

The Basic Accounting System is the main application in the FastFund Nonprofit Software suite and has everything you need to run a nonprofit's fiscal office.

Standard features include a user-defined chart of accounts using up to 6 segments to define funds, cost centers and accounts (up to 36 digit account number).

You can enter:

• Cash receipts
• Disbursements
• Journal entries (reversing and recurring)
• Budgets
• Perform bank reconciliations
• Print standard accounting reports and FASB compliant financial statements

FastFund Accounts Payable

FastFund Accounts Payable is fully integrated with FastFund's Nonprofit Software General Ledger. The integration of the General Ledger and the Accounts Payable doesn't require separate download or linking procedures. All vendor activity is automatically posted to the General Ledger.

FastFund's Accounts Payable has the ability to do the following:

• Create a list of vendors with names, addresses, contacts, accounts payable control accounts, payment terms and 1099 information
• Record vendor invoices
• Schedule payments and print checks to vendors
• Maintain a subsidiary ledger for each accounts payable account
• Keep a vendor history of all vendor activity
• Prepare 1099s for vendors on IRS approved forms, or generate 1099s on magnetic media

FastFund allows you to keep multiple Accounts Payable control accounts, each with its own subsidiary ledger. This is useful if you want to separate vendor payables and other payables, such as client payables.

FastFund Accounts Receivable

The FastFund Accounts Receivable is a fully integrated solution with FastFund's Nonprofit Software General Ledger. The integration of the General Ledger and the Accounts Receivable doesn't require separate download or linking procedures. All client activity is automatically posted to the General Ledger. FastFund's Accounts Receivable has the ability to do the following:

• Create a list of clients with names, addresses, contacts, accounts receivable control accounts and payment terms
• Track four types of billing and receivable sources for each client
• Record client bills
• Apply payments against client bills
• Maintain a subsidiary ledger for each accounts receivable account
• Keep a detail history of all client activity

FastFund Accounts Receivable helps you manage your client bills and payments, planning cash flow and tracking revenues. Plus, you can keep multiple Accounts Receivable control accounts, each with its own subsidiary ledger. This is useful if you have different sources of revenue and each has a separate list of clients for billing.

Each client can have up to four receivable accounts to track different receivable sources for third party billing.

FastFund Cost Allocations

The Allocations module includes the After the Fact Cost Allocations Spreadsheet and Point Of Entry Allocations. The After The Fact Allocations provides management with the ability to monitor direct and indirect costs of all programs.

• Compare detailed budgets before the allocation of costs.
• Allocate both Detailed Budgets and Actual Expenditures and compare results.
• Allocations are not posted to the General Ledger providing What If capability.

The Allocation Methods used include the direct cost method, total revenue, fixed percentage, square footage, numeric values, total salaries, total purchase of services, and other accepted methods.

The Point Of Entry Allocations system provides you with the ability to allocate vendor invoices, cash disbursements, revenue bills and cash receipts at the point of entry (Transaction Entry) using pre-set percentages and account numbers.

You can pre-define allocation codes to distribute expenses and revenue to an unlimited number of General Ledger accounts. The system will maintain an unlimited number of Allocations.

FastFund Payroll

FastFund Payroll is fully integrated with FastFund Nonprofit Software Accounting. Payroll can be created for salaried and hourly employees, using multiple pay rates and pay types.

Employee wages can be allocated to multiple accounts to reflect which programs the employee worked during the pay period. You can handle multiple pay periods and create memorized payroll batches. Setup multiple other income and adjustments for withholdings.

Print all quarterly and year end reports, including W-2s.

FastFund Raising

FastFund Raising gives you all the tools you need to manage your development and fund raising efforts. Track donors, prospects, alumni, members and constituents.

• Fully integrated with the FastFund accounting modules, or can be a stand-alone application.
• Track all donations, pledges and payments. Send acknowledgements, receipts to all donors. Measure the effectiveness of all fund raising campaigns and appeals.
• Build sophisticated queries for letters, solicitations and reports.