GMS is a national developer of accounting and revolving loan software for not-for-profit organizations. The basic accounting package provides comprehensive financial reporting, general ledger, payroll, accounts payable and extensive computerized cost allocation. Other modules or supplements are available, for instance, Purchase Orders, Accounts Receivable, Fixed Asset Inventory, Report Writer, etc. GMS integrates grant/contract financial management within an entity system that segregates net assets into classes.

GMS integrates accounting for multiple fiscal periods, funding sources, and costing of services and functions. An alternative to fund accounting by replacing unnecessary separation with entity-wide financial management over restricted and unrestricted contributions. GMS meets requirements of GAAP, IRS 990 reporting, Health and Welfare standards, grant and contract administration, and Federal Cost Principles. GMS enhances reporting under FASB Statements 116 and 117 and builds integrity into grant, contract, and functional accounting.

GMS provides on-site installation, accounting training, software maintenance, operational support through a toll free number and an electronic accounting guide updated semiannually.

The cost of the basic package, on-site training and travel typically is $7,000-$18,000. GMS is offering the basic accounting package for a discounted rate of 50% off through 2011.