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GMS Non-Profit Accounting and Financial Management

An accounting and financial management software by Grants Management Systems
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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.

Popular Functionality Modules

General Ledger The GMS Accounting and Financial Management/Reporting System offers a flexible accounting structure able to respond to virtually all management, audit, Board of Directors,…

Accounts Payable Data entry functions allow transactions to be entered and can be easily changed, printed or displayed. Data entry activities in Accounts Payable include vouchers and manual…

Accounts Receivable Not all non-profits require billing capability so GMS has built a supplement for those agencies that require functionality to track accounts receivable. The GMS Accounts…

Report Writer If you have a need to develop specialized reports in addition to the reports produced by the accounting system, this is the module for you. You may develop a report by…

Payroll GMS Payroll includes payroll functions and reports beginning with the automatic calculation of current period employee gross-to-net payroll right through year end W2…

Complete Functionality Module List

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