A full ERP system designed by Fundations/Noetic Software.
Fundations has been designed to accommodate the way municipalities conduct business, allowing you to do business the way you want to.
Fundations supports the full accrual, modified accrual and cash basis methods of accounting at all times, providing you the flexibility to conduct business as usual while complying with GASB #34.
Developed in conjunction with an accounting firm specializing in municipal audits and an advisory panel of municipal finance officers, the versatility of Fundations is its greatest asset.
Fundations provides users with the ability to plan a new fiscal budget based on ‘%’, ‘fixed dollar’ or ‘0’. Also, budget users are able to keep the current year’s budget open while tracking all budget amendments.
The fully integrated purchase order and bill system in the Expense module reduces input time for users. The information from the purchase order can be pulled up when the bill is input and modified as necessary. Other features include:
With a significant amount of attention being paid to GASB 34, the tracking of Fixed Assets has become a critical issue for many municipalities.
The General Ledger module of Fundations has been carefully planned to allow users ultimate manageability and control.
Perhaps one of the most complex modules in Fundations, the payroll system is a highly sophisticated tool that incorporates many useful functions.
With this module, users are able to set-up employees to be paid at different pay rates within one check. Also, if necessary, employee hours can be charged to multiple account numbers and funds.
Because Fundations is a fully integrated system, payroll charges to multiple accounts are automatically tracked. Thus, there is no need to record deductions in the Expense module.
Fundations offers a unique tool for tracking various types of projects. This feature will allow users to charge expenses to different account numbers and then group expenses independently to different projects. Users are then able to print reports on a per project basis rather than trying to track expenses across accounts. This feature fully integrates with accounts payable to reduce data entry.
The Reports Module allows you to prepare a variety of standard or easily customized reports based on your needs. Users are able to generate reports for specific date ranges.
Fundations incorporates a highly efficent receivables module which interfaces seamlessly with other modules. Simplified entry of billing data and cash receipts, as well as the printing of invoices and deposit slips are features of the Revenue module.
The designers of Fundations have paid particular attention to the security of the system. In addition to the standard security features, Fundations will allow multiple users to enter date while restricting the posting of data to only designated users.
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